Welcome to our dedicated page for Applied Matls news (Ticker: AMAT), a resource for investors and traders seeking the latest updates and insights on Applied Matls stock.
Applied Materials, Inc. (NASDAQ: AMAT) generates a steady flow of news that reflects its role in semiconductor and advanced display manufacturing, AI infrastructure and capital markets activity. Company updates frequently highlight how its materials engineering solutions support advanced logic, DRAM, high-bandwidth memory and complex 3D chip architectures that underpin AI computing.
Investors following AMAT news can expect regular earnings announcements, where the company reports quarterly and annual results, segment performance for Semiconductor Systems, Applied Global Services and display-related activities, and management’s commentary on technology inflections, demand trends and regulatory impacts. These releases often include non-GAAP reconciliations and business outlook ranges for upcoming quarters.
Applied Materials also issues news about product and technology introductions. Recent examples include the Kinex die-to-wafer hybrid bonding system, the Centura Xtera epitaxy system for Gate-All-Around transistors at advanced nodes, and the PROVision 10 eBeam metrology system for complex 3D chips. Such announcements provide insight into how the company is addressing challenges in hybrid bonding, epitaxial growth and nanoscale metrology for next-generation devices.
Another recurring theme in AMAT news is strategic collaboration and ecosystem development. The company has announced a partnership with GlobalFoundries to establish a waveguide fabrication facility in Singapore for AI-driven photonics and augmented reality applications. It has also described its role in U.S. semiconductor manufacturing initiatives, including supplying American-made equipment from its Austin facility and investing in a new advanced manufacturing site in Arizona.
News items additionally cover capital allocation and financing, such as cash dividend declarations, share repurchase activity, new credit agreements and public offerings of senior unsecured notes. Conference participation and investor event webcasts are also regularly announced. This news page aggregates these developments so readers can review AMAT’s operational, technological and financial updates in one place.
Applied Materials will host a webcast on November 17, 2022, at 4:30 p.m. ET to discuss its fourth quarter and fiscal 2022 financial results. The event will be accessible via the Applied Materials website and a replay will be available after 8:00 p.m. ET. As a leader in materials engineering solutions for chip and display production, Applied Materials aims to drive innovations for a better future.
Applied Materials has appointed Kevin March to its Board of Directors, enhancing its governance with over 30 years of financial and operational experience, particularly in the semiconductor industry. March previously served as CFO of Texas Instruments and is recognized for building shareholder value. His expertise in capital management and operations will support Applied Materials as it seeks to scale for future growth, according to Chairman Tom Iannotti.
Applied Materials revises its fourth-quarter outlook for fiscal 2022, projecting net sales of approximately $6.4 billion compared to previous estimates of $6.65 billion. This adjustment is primarily due to new U.S. export regulations impacting sales, expected to reduce revenue by about $400 million. Consequently, the anticipated non-GAAP EPS is adjusted to between $1.54 and $1.78, down from $1.82 to $2.18. The company expects similar impacts from regulations to persist into early fiscal 2023.
Applied Materials, Inc. has declared a quarterly cash dividend of $0.26 per share, scheduled for payment on Dec. 15, 2022. Shareholders on record as of Nov. 25, 2022 will receive the dividend. This initiative is part of the company's capital allocation strategy, which in Q3 FY 2022 saw a total of $1.23 billion returned to shareholders via dividends and share repurchases. As of the end of the quarter, the company had approximately $6.4 billion left in its share buyback authorization.
Applied Materials announced that CEO Gary Dickerson and CFO Brice Hill will participate in upcoming investor conferences.
Dickerson will speak at the Goldman Sachs Communacopia + Technology Conference on Sept. 12 at 8:15 a.m. PT / 11:15 a.m. ET.
Hill will attend the Citi Global Technology Conference on Sept. 7 at 5:15 a.m. PT / 8:15 a.m. ET, followed by the Evercore ISI Technology Conference starting at 11:15 a.m. PT / 2:15 p.m. ET.
A live audio webcast will be available on the Applied Materials website, with replays accessible later.
Applied Materials reported record quarterly revenue of $6.52 billion, a 5% increase year over year, for Q3 FY2022. GAAP earnings per share (EPS) stood at $1.85, down 1% year over year, while non-GAAP EPS rose 2% to $1.94. The company generated $1.47 billion in cash from operations and returned $1.23 billion to shareholders. For Q4 FY2022, Applied expects net sales around $6.65 billion, impacted by ongoing supply chain challenges. Management remains optimistic about the long-term strength of the semiconductor market.
Applied Materials announced that Dr. Omkaram Nalamasu has received the 2023 IEEE Frederik Philips Award for his significant leadership in semiconductor material research and development. Dr. Nalamasu has a strong track record in identifying and commercializing new growth opportunities in materials engineering technologies. He has also established strategic partnerships leading to innovative centers and is the President of Applied Ventures, overseeing global investments in deep tech sectors. His recognition underscores the company's commitment to innovation in the semiconductor industry.
The CEOs of GlobalFoundries (GFS), Applied Materials (AMAT), and Ford (F) will co-host a summit with government officials to foster partnerships following the CHIPS and Science Act's passage. This act aims to enhance U.S. semiconductor manufacturing, addressing supply chain challenges and supporting economic and national security. Key leaders like Brian Deese and Dr. William LaPlante will engage in discussions on optimizing semiconductor production and promoting transportation electrification. The summit, held on August 8, 2022, underscores a commitment to domestic manufacturing and innovation.
Applied Materials will host a webcast to discuss its third quarter fiscal 2022 financial results on August 18, 2022, at 4:30 p.m. ET. The event is accessible via the company's website, with a replay available the same day at 8:00 p.m. ET.
As a leader in materials engineering solutions for chip and display production, Applied Materials continues to innovate and transform industry possibilities into real-world applications.
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