๐ Applied Materials $AMAT falls 5% premarket despite Q3 beat โ China sales fears spook investors
Applied Materials reported Q3 2026 revenue of $9.12 billion and adjusted EPS of $3.50, both topping estimates โ yet shares are down ~5% premarket. The culprit: declining sales in China and cautious forward guidance are rattling investors in this key chip-equipment name. Classic "sell the news" on a stock priced for perfection in the AI buildout. Do you buy the dip on a semiconductor infrastructure leader, or does the China overhang keep you sidelined? Not financial advice.
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