Core Viewpoint - The global semiconductor equipment giant Applied Materials clarified on November 20 that it continues to provide high-quality products and services to Chinese customers, adhering to applicable laws and regulations [1] Group 1: Market Conditions - Over the past 12 months, changes in U.S. trade rules have reduced the market size for U.S. companies operating in China [1] - The company currently expects no significant changes to market restrictions in China until 2026 [1]