Historical amat News Stories
AMAT Cuts Workers, Faces $600M China Export Hit Q2
Applied Materials (AMAT) announced a ~4% workforce reduction and flagged a possible $600M revenue impact tied to U.S. export restrictions to China, even after reporting record FY2024 revenue. This article breaks down the recent actions, why export controls matter for AMAT, the spillover from peer strength (ASML), and what investors should watch next.
Applied Materials: Q4, China Cuts & Angstrom Tools
Applied Materials reported record FY2025 results but showed Q4 softness and significant China revenue decline. Management announced a 4% workforce reduction and warned of about $600M in FY2026 sales at risk due to U.S. export curbs. The company is advancing angstrom-era tools (Kinex, Centura Xtera, PROVision 10) that underpin future growth but are restricted from Chinese customers. Investors should weigh near-term headwinds against long-term product leadership in AI and advanced logic.
AMAT Cuts 1,400 Jobs; Warns $600M China Rev Hit Q4
Applied Materials announced a workforce reduction of about 1,400 roles and flagged a multi-hundred-million dollar revenue hit tied to U.S. export restrictions to China, while highlighting AI-focused partnerships and product launches ahead of its upcoming earnings.
AMAT $600M Export Hit; 1,400 Jobs Cut, DRAM Upside
Applied Materials warns a $600M FY2026 revenue impact from new U.S. export restrictions, announces ~1,400 job cuts and a one-time charge, while pointing to strong DRAM and AI-related demand that could support recovery over the medium term.