Applied Materials, headquartered in Santa Clara, California, employs 34,000 staff and provides equipment and services for semiconductor and display industries across three segments: Semiconductor Systems, AGS, and Display. The company manufactures equipment for semiconductor chips and display technologies, including LCDs and OLEDs.
AMAT has been in the news recently: Applied Materials' shares declined nearly 5% after reporting $7.10 billion in revenue, which fell short of analysts' expectations of $7.13 billion. Despite strong earnings and margins, investor concerns about China and market volatility led to increased scrutiny of the company's guidance.
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