Core Viewpoint - Lam Research Corporation (LRCX) experienced a significant stock price decline of 7.33% on August 15, primarily due to the weak revenue guidance issued by Applied Materials, which projected revenues of $6.7 billion ± $500 million, falling short of market expectations of $7.33 billion [1] Group 1: Company Impact - The stock price drop of Lam Research is a direct consequence of the disappointing revenue forecast from Applied Materials, which has triggered a chain reaction affecting the semiconductor equipment manufacturing sector [1] - Lam Research's stock showed a pre-market decline of 5.1%, mirroring the performance of other industry peers like KLA Corporation, indicating a broader industry weakness [1] Group 2: Industry Context - The semiconductor equipment manufacturing industry is facing challenges due to weak demand from the Chinese market, which has historically been a significant consumer of semiconductor equipment [1] - The overall revenue expectations for semiconductor equipment manufacturers are being negatively impacted by the ongoing demand slowdown in China, adding to the industry's struggles [1]

Core Viewpoint - Applied Materials (AMAT.US) experienced a significant decline of over 12%, marking its largest drop since March 2020, primarily due to disappointing sales and earnings forecasts, raising concerns about demand suppression from US-China trade tensions [1] Financial Performance - For the third fiscal quarter ending July 27, Applied Materials reported a revenue increase of 8% year-over-year to $7.3 billion, surpassing the analyst consensus of $7.21 billion [1] - The adjusted net income for the quarter was $1.989 billion, reflecting a 13% year-over-year growth, with adjusted earnings per share (EPS) of $2.48, also exceeding the analyst average estimate of $2.36 [1] Future Outlook - The company forecasts fourth fiscal quarter revenue to be approximately $6.7 billion, falling short of the analyst average expectation of $7.32 billion [1] - Expected adjusted EPS for the fourth quarter is around $2.11, which is below the analyst consensus of $2.38 [1] Market Challenges - The CEO of Applied Materials, Gary Dickerson, indicated a decline in demand from Chinese customers and delays in technology export approvals to China [1] - Major clients are postponing procurement plans due to ongoing negotiations related to tariffs and other economic issues, contributing to a degree of uncertainty in the market [1]

Core Viewpoint - Applied Materials (AMAT.US) experienced a significant decline of over 12%, marking its largest drop since March 2020, primarily due to disappointing sales and earnings forecasts, raising concerns about demand suppression from US-China trade tensions [1] Financial Performance - For the third fiscal quarter ending July 27, Applied Materials reported a revenue increase of 8% year-over-year to $7.3 billion, surpassing analyst expectations of $7.21 billion [1] - The adjusted net profit for the quarter was $1.989 billion, reflecting a 13% year-over-year growth, with adjusted earnings per share (EPS) of $2.48, also exceeding the average analyst estimate of $2.36 [1] Future Outlook - The company forecasts fourth fiscal quarter revenue to be approximately $6.7 billion, falling short of the analyst average expectation of $7.32 billion [1] - Expected adjusted EPS for the fourth quarter is around $2.11, which is below the analyst average estimate of $2.38 [1] Market Challenges - The CEO of Applied Materials, Gary Dickerson, indicated a decline in demand from Chinese customers and delays in technology export approvals to China [1] - Major clients are postponing procurement plans amid ongoing negotiations related to tariffs and other economic issues, contributing to a degree of uncertainty [1]

Group 1 - The core viewpoint of the articles highlights a significant decline in Applied Materials' stock price following disappointing sales and profit forecasts, raising concerns about demand suppression due to trade disputes [1][2] - Applied Materials reported a revenue increase of 7.7% year-over-year to $7.3 billion, exceeding analyst expectations of $7.21 billion, with earnings per share of $2.48, also above the forecast of $2.36 [1] - The company anticipates revenue of approximately $6.7 billion for the upcoming fiscal quarter, significantly lower than the analyst average estimate of $7.32 billion, and expects adjusted earnings per share of $2.11, below the forecast of $2.38 [1] Group 2 - Several investment banks have downgraded their target prices for Applied Materials, with Citigroup removing the company from its focus list and lowering the target price to $205, while Mizuho and Wells Fargo also reduced their target prices to $200 and $205 respectively [2] - CEO Gary Dickerson indicated a decrease in demand from certain customers and delays in technology export approvals, alongside prolonged tariff negotiations and other economic factors causing major clients to postpone purchases [1]

Group 1 - The stock price of Applied Materials (AMAT) opened down by 12.04% on August 15, reaching $165.58 per share, with a trading volume of $592 million and a total market capitalization of $132.878 billion [1] - As of July 27, 2025, Applied Materials reported total revenue of $21.568 billion, representing a year-over-year growth of 7.14%, while net profit attributable to shareholders was $5.101 billion, showing a decrease of 6.33% year-over-year [1] - On August 14, Applied Materials announced a cumulative share repurchase amount of $4.044 billion for the third quarter of 2025 [2] Group 2 - Applied Materials is a leader in materials engineering solutions, playing a crucial role in the production of nearly every new chip and advanced display globally [2] - The company leverages atomic-level material modification technology and its ability to apply new technologies to large-scale production, helping clients achieve their potential [2] - The innovations from Applied Materials are expected to drive advanced technology and shape the future [2]

每经AI快讯，8月15日，应用材料公司股价下跌14%，创下自2020年3月以来的最大跌幅。 ...

花旗将应用材料移出焦点名单，目标价下调至205美元。瑞穗将应用材料目标价从220美元下调至200美 元。富国银行将应用材料目标价从215美元下调至205美元。 ...

格隆汇8月15日｜应用材料(AMAT.US)盘前大跌超14%，因公司预测第四季度收入和利润低于预期，引 发需求担忧。 ...

Core Viewpoint - Applied Materials (AMAT) shares fell over 14% in pre-market trading on August 15 due to the company's forecast of fourth-quarter revenue and profit being below expectations, raising concerns about demand [1] Company Summary - Applied Materials predicted lower-than-expected revenue and profit for the fourth quarter, which has led to a significant drop in stock price [1] - The decline in stock price reflects investor concerns regarding the company's future demand and overall market conditions [1] Industry Summary - The forecasted decline in revenue and profit from Applied Materials may indicate broader challenges within the semiconductor and materials industry, potentially affecting investor sentiment and market dynamics [1]

本文源自：金融界AI电报 应用材料美股盘前跌超13%，现报162.35美元。应用材料第三财季净销售73亿美元，分析师预期72.1亿 美元。第三财季半导体系统（Semiconductor Systems）净销售54.3亿美元，分析师预期53.9亿美元。 ...