New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 15, 2013
18:01 EDTAMATApplied Materials sees 2014 wafer fab equipment investments up 10%-20%
On Applied Materials' Q3 earnings conference call, management said, "Looking at industry investment as a whole, there have been spending mix shifts towards memory in the second half of the year. We are maintaining our 2013 wafer fab equipment forecast of $27 billion to $30 billion. We believe that wafer fab equipment investments will be higher in 2014, up 10% to 20% relative to this year." They expect this will be driven by foundries building out their 20-nanometer node investment in 3-D NAND capacity, and increases in DRAM spending. For the next two quarters, the company expects gross margins to decline slightly. Net sales from the semiconductor business are seen flat to down slightly in Q4, while AGS net sales are expected to be flat to up slightly. Display net sales are expected to be down slightly, while EES net sales are seen up slightly.
News For AMAT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 24, 2014
09:34 EDTAMATActive equity options trading on open
Subscribe for More Information
September 23, 2014
09:37 EDTAMATActive equity options trading on open
Subscribe for More Information
September 22, 2014
08:04 EDTAMATApplied Materials merger uncertainty could be opportunity, says Pacific Crest
Pacific Crest believes that the merger between Applied Materials and Tokyo Electron could be delayed until next year, while there is a small chance of China denying the merger. However, the firm recommends buying Applied Materials on any weakness relating to merger uncertainty, as it thinks the stock is worth $25 on a standalone basis. It keeps an Outperform rating on the shares.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use