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Applied Materials Issues Statement on Latest U.S. Export Regulations

GlobeNewswire LogoGlobeNewswire2w ago

Applied Materials Issues Statement on Latest U.S. Export Regulations - GlobeNewswire

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Factors that could cause actual results to differ materially from those expressed or implied by such statements include, without limitation: the level of demand for our products; global economic, political and industry conditions, including changes in interest rates and prices for goods and services; the implementation of export regulations and license requirements and their interpretation, and their impact on our ability to export products and provide services to customers and on our results of operations; global trade issues and changes in trade and export license policies and our ability to obtain licenses or authorizations on a timely basis, if at all; the effects of geopolitical turmoil or conflicts; demand for semiconductor chips and electronic devices; customers’ technology and capacity requirements; the introduction of new and innovative technologies, and the timing of technology transitions; our ability to develop, deliver and support new products and technologies; our ability to meet customer demand, and our suppliers' ability to meet our demand requirements; the concentrated nature of our customer base; our ability to expand our current markets, increase market share and develop new markets; market acceptance of existing and newly developed products; our ability to obtain and protect intellectual property rights in key technologies; cybersecurity incidents affecting our information systems or information contained in them, or affecting our operations, suppliers, customers or vendors; our ability to achieve the objectives of operational and strategic initiatives, align our resources and cost structure with business conditions, and attract, motivate and retain key employees; the effects of regional or global health epidemics; acquisitions, investments and divestitures; changes in income tax laws; the variability of operating expenses and results among products and segments, and our ability to accurately forecast future results, market conditions, customer requirements and business needs; our ability to ensure compliance with applicable law, rules and regulations and other risks and uncertainties described in our SEC filings, including our recent Forms 10-Q and 8-K.

Forward-Looking StatementsThis press release contains forward-looking statements, including those regarding the impact of new export regulations on our ability to export products and provide services to customers and on our results of operations, and our business and financial outlook for the first quarter of fiscal 2025.

SANTA CLARA, Calif., Dec.03, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc.issued the following statement today regarding updated export regulations for semiconductor technology, announced by the United States government on Dec.2, 2024: Based on our initial assessment of the impact of these new regulations, Applied Materials is not changing the guided ranges of our first quarter of fiscal 2025 business outlook provided in our Nov.14, 2024 financial results press release.

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Article Details

Author / Journalist: Applied Materials, Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 12:30:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Readers: 57 people read this story

Article Length: 553 words

Reading Time: 4 minutes read

Sentences: 10 lines

Sentence Length: 56 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 24092045

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 2 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 13 hours ago

Coverage Areas: China

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Website Security: Secure (HTTPS)

Publisher ID: #116

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