Shares of Applied Materials plummeting double digits post earnings, hitting a host of other chip names today. Our Christina Parts and Neilos is here to break things down, talk about what happened in the quarter. Morning KP. >> Hi, good morning.It's quite a quarter for them. Applied materials earnings aren't just a company specific problem, though. They're really just a it's a warning sign for the entire semiconductor capital equipment sector.And what do I mean by that. The company said in the earnings call ...

Demand & Production - Nvidia reportedly placed an additional order with TSMC for 300,000 H20 chips due to strong Chinese demand [1] - This decision reverses a previous plan to rely solely on existing inventory [1] - The existing H20 inventory is estimated to be between 600,000 and 700,000 units [1] Market Strategy - Nvidia is adapting its strategy in response to Chinese market demand for H20 chips [1] - Initial reports suggested limited H20 inventory and no plans to resume production [1]