Applied Materials flags $600 mln revenue hit in 2026 on broader chip export curbs

Core Viewpoint - Applied Materials, a chip equipment maker, anticipates a $600 million reduction in fiscal 2026 revenue due to the U.S. expanding its restricted export list, impacting sectors like semiconductors and aircraft [1] Group 1: Company Impact - The forecasted revenue hit of $600 million is a direct consequence of new export restrictions imposed by the U.S. government [1] - The restrictions are expected to significantly affect the semiconductor industry, which is already facing challenges [1] Group 2: Industry Implications - The expansion of the restricted export list indicates a tightening regulatory environment for the semiconductor sector, potentially leading to further revenue declines across the industry [1] - Other sectors such as aircraft manufacturing are also likely to experience negative impacts from these export restrictions [1]