Applied Materials shares sink 10% on light forecast amid macroeconomic uncertainties
CEO Gary Dickerson said that the current macroeconomic and policy environment is "creating increased uncertainty and lower visibility." He said the company's China business is particularly effected by the uncertainty. Applied Materials shares sank more than 10% in extended trading Thursday as the semiconductor equipment company provided outlook for the current quarter that came in light. Here's how Applied Materials did in its third-quarter earnings results versus LSEG consensus estimates: Applied Materials ...