In this photo illustration an Applied Materials logo seen displayed on a smartphone screen in Athens, Greece on May 11, 2022. (Photo illustration by Nikolas Kokovlis/NurPhoto via Getty Images)NurPhoto via Getty ImagesApplied Materials (NASDAQ:AMAT) published a set of Q3 results that exceeded expectations last week, yet the stock has declined approximately 15% since the earnings announcement due to worries about future demand, especially from China. Although Applied is well-placed to gain from a higher propo ...