Applied Materials — Applied Materials shares fell more than 2% after the chipmaker posted quarterly results that missed analyst estimates. The company earned $1.85 per share on revenue of $6.25 billion. Analysts expected a profit of $1.90 per share on revenue of $6.38 billion, according to Refinitiv. Applied Materials’ current-quarter guidance for earnings and revenue was also below StreetAccount estimates. CEO Gary Dickerson said the company is “constrained by on-going supply chain issues.
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