{"id":85710,"date":"2023-11-17T11:17:56","date_gmt":"2023-11-17T16:17:56","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/applied-materials-stock-gets-caught-in-u-s-china-tensions\/"},"modified":"2023-11-17T11:17:58","modified_gmt":"2023-11-17T16:17:58","slug":"applied-materials-stock-gets-caught-in-u-s-china-tensions","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=85710","title":{"rendered":"Applied Materials Stock Gets Caught in U.S.-China Tensions"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000803728\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>\n        Applied Materials<br \/>\n       became the latest company to get tangled up in the dispute between the U.S. and China over semiconductors. The stock was falling Friday even after it reported quarterly earnings that beat expectations.<\/p>\n<p>Just as the company (ticker: AMAT) was posting results Thursday, Reuters reported that it was under investigation for sending products to a Chinese company without the required licenses. Applied Materials makes semiconductor equipment and software and its clients include<br \/>\n        Intel<br \/>\n       (INTC) and<br \/>\n        Taiwan Semiconductor Manufacturing<br \/>\n       (TSM).<\/p>\n<div class=\"paywall\">\n<p>Applied Materials stock dropped 7.1% in premarket trading Friday to $143.79. The company didn\u2019t immediately respond to a request for comment from <em>Barron\u2019s<\/em>.<\/p>\n<p>Following the earnings report, analysts at KeyBanc led by Steve Barger modestly raised their fiscal 2024 earnings estimates for Applied Materials. They have a Sector Weight rating on the stock.<\/p>\n<p>Others were more pessimistic. Analysts at Susquehanna International Group led by Mehdi Hosseini see a risk that earnings could be 10% lower than expected because demand in China probably won\u2019t stay strong.<\/p>\n<p>Semiconductor Advisers wrote in a note that Applied Materials may face hundreds of millions of dollars in fines if it is found to have violated export rules, as well as restrictions on future sales in China.<\/p>\n<p>\u201cIt\u2019s very, very bad when you take into consideration that China is Applied\u2019s largest customer and Applied has a huge operation in China,\u201d the consulting services firm wrote.<\/p>\n<p>Chinese tech company<br \/>\n        Alibaba<br \/>\n       (BABA) on Thursday said it was halting plans to spin off its cloud computing unit because of concerns about U.S.-China relations. The two countries have been slapping tit-for-tat restrictions on exports, with the U.S. in particular targeting the most advanced chips on worries they could potentially be used for military purposes.\u00a0<\/p>\n<p>Chinese Premier Xi Jinping met with President Joe Biden in the U.S. this week. He said that the U.S. and China should be friends, not adversaries.\u00a0<\/p>\n<p>Write to Brian Swint at brian.swint@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/applied-materials-stock-china-chip-fd3c65cc?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Applied Materials became the latest company to get tangled up in the dispute between the U.S. and China over semiconductors. The stock was falling Friday even after it reported quarterly earnings that beat expectations. Just as the company (ticker: AMAT) was posting results Thursday, Reuters reported that it was under investigation for sending products to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":85711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-85710","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Applied Materials Stock Gets Caught in U.S.-China Tensions | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Applied Materials became the latest company to get tangled up in the dispute between the U.S. and China over semiconductors. The stock was falling Friday\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=85710\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Applied Materials Stock Gets Caught in U.S.-China Tensions | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Applied Materials became the latest company to get tangled up in the dispute between the U.S. and China over semiconductors. The stock was falling Friday\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=85710\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-17T16:17:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-17T16:17:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/11\/1700237877_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=85710#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=85710\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Applied Materials Stock Gets Caught in U.S.-China Tensions\",\"datePublished\":\"2023-11-17T16:17:56+00:00\",\"dateModified\":\"2023-11-17T16:17:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=85710\"},\"wordCount\":341,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=85710#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=85710\",\"url\":\"https:\/\/ifintechworld.com\/?p=85710\",\"name\":\"Applied Materials Stock Gets Caught in U.S.-China Tensions | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-11-17T16:17:56+00:00\",\"dateModified\":\"2023-11-17T16:17:58+00:00\",\"description\":\"Applied Materials became the latest company to get tangled up in the dispute between the U.S. and China over semiconductors. The stock was falling Friday\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=85710#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=85710\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=85710#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Applied Materials Stock Gets Caught in U.S.-China Tensions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Applied Materials Stock Gets Caught in U.S.-China Tensions | iFintechWorld","description":"Applied Materials became the latest company to get tangled up in the dispute between the U.S. and China over semiconductors. The stock was falling Friday","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=85710","og_locale":"en_US","og_type":"article","og_title":"Applied Materials Stock Gets Caught in U.S.-China Tensions | iFintechWorld","og_description":"Applied Materials became the latest company to get tangled up in the dispute between the U.S. and China over semiconductors. The stock was falling Friday","og_url":"https:\/\/ifintechworld.com\/?p=85710","og_site_name":"iFintechWorld","article_published_time":"2023-11-17T16:17:56+00:00","article_modified_time":"2023-11-17T16:17:58+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/11\/1700237877_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=85710#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=85710"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Applied Materials Stock Gets Caught in U.S.-China Tensions","datePublished":"2023-11-17T16:17:56+00:00","dateModified":"2023-11-17T16:17:58+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=85710"},"wordCount":341,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=85710#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=85710","url":"https:\/\/ifintechworld.com\/?p=85710","name":"Applied Materials Stock Gets Caught in U.S.-China Tensions | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-11-17T16:17:56+00:00","dateModified":"2023-11-17T16:17:58+00:00","description":"Applied Materials became the latest company to get tangled up in the dispute between the U.S. and China over semiconductors. The stock was falling Friday","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=85710#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=85710"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=85710#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Applied Materials Stock Gets Caught in U.S.-China Tensions"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/85710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=85710"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/85710\/revisions"}],"predecessor-version":[{"id":85712,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/85710\/revisions\/85712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/85711"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}