Home›US Markets›Equities›Applied Materials shares fall on guidance and margin c…

Applied Materials shares fall on guidance and margin concerns

Analysts cited ongoing semiconductor demand tied to AI competition as a reason they still see long term growth potential.

Reported · Written up by our desk · Equities

Applied Materials shares fell after investors focused on the company’s guidance, with concerns centered on margins, according to MarketWatch.

MarketWatch said analysts view the backdrop as supported by continued demand for semiconductors, driven by the wider race to build and deploy artificial intelligence.

Despite the near term pressure from margin worries, MarketWatch reported that analysts continue to expect growth momentum for Applied Materials as AI related investment cycles expand.

More like this

Sources