Applied Materials: Q2 Earnings Results Simply Not Good Enough


  • Applied Materials posted Q2 results that were slightly better than expected, but the revenue growth is not impressive.
  • The company is heavily reliant on China for sales, as revenue in the U.S. and the rest of the world continues to decline.
  • AMAT stock’s valuation is high, and there is uncertainty surrounding the guidance for Q3, making Applied Materials unattractive for investors.

Electronics worker checking component in clean room

Monty Rakusen

Semiconductor giant Applied Materials, Inc. (NASDAQ:AMAT) posted second quarter earnings last night, and shares are fractionally off in the early trade following the report. The stock went on an epic heater to the upside from the

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