Applied Materials Rethinks $4B Silicon Valley Project Amid Federal Funding Shortfall [Yahoo! Finance]
Applied Materials, Inc. (AMAT)
Last applied materials, inc. earnings: 2/12 04:01 pm
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Source: Yahoo! Finance
As of March 29, the Biden administration has decided against financing the construction or refurbishment of semiconductor R&D facilities. This shift comes amid a global semiconductor shortage that has disrupted supply chains across various industries. Despite President Joe Biden signing a bill in late 2022 allocating $52.7 billion for domestic semiconductor research and manufacturing, a recent appropriations bill redirected a portion of these funds, impacting Bay Area companies not directly manufacturing semiconductors, the San Francisco Chronicle reports Also Read: Nvidia Tops in Popularity Among S&P 500 Semiconductor Stocks, Analyst Sees Room for Growth California's semiconductor industry, a global innovation leader, faces challenges due to this reallocation. This reallocation affects companies like Applied Materials, Nvidia Corp (NASDAQ: NVDA ), and Lam Research Corp (NASDAQ: LRCX ), which benefit from state tax credits for R&D. Applied Materials had announced in May 202
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News
- Photonic Hires Global Quantum Leaders in Key Leadership Roles [Yahoo! Finance]Yahoo! Finance
- Is It Worth Investing in Applied Materials (AMAT) Based on Wall Street's Bullish Views? [Yahoo! Finance]Yahoo! Finance
- Global Semiconductor Equipment Market Forecast Report to 2030 - Applied Materials, ASML Holding, Lam Research, Tokyo Electron Limited (TEL), KLA and Advantest Dominate [Yahoo! Finance]Yahoo! Finance
- Applied Materials Announces Q2 FY2024 Earnings Webcast and CY2023 WFE Market Summary [Yahoo! Finance]Yahoo! Finance
- Applied Materials Announces Q2 FY2024 Earnings Webcast and CY2023 WFE Market SummaryGlobeNewswire
AMAT
Earnings
- 2/15/24 - Beat
AMAT
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 3/11/24 - Form 4
- AMAT's page on the SEC website