Applied Materials forecast disappoints on supply chain woes - NewsBreak
By Austine in Business
Updated 2 years ago
Nov 18 (Reuters) - Applied Materials Inc (AMAT.O) forecast first-quarter sales and profit below market estimates on Thursday, as the pandemic disrupts supply chains and keeps the company from meeting client orders, sending its shares down nearly 6% in extended trading. Lockdowns in parts of Asia have made sourcing of...