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Stock Market & Financial Investment News

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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.
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August 29, 2014
06:31 EDTAMATApplied Materials management to meet with Jefferies
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August 24, 2014
21:56 EDTAMATB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout Silicon Valley on August 25-27.

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