Shares of Applied Materials (AMAT) surged 11.7% in premarket trading on Friday after the company forecast second-quarter revenue and profit above Wall Street expectations, reinforcing investor confidence that booming artificial intelligence demand and tightening memory supply will continue to fuel orders for its chipmaking equipment.
Beijing E-Town Semiconductor Technologies, a government-backed Chinese chip equipment firm, has filed a lawsuit against U.S. semiconductor supplier Applied Materials, accusing it of stealing trade secrets.
13 Feb 2026-15:41
13 Aug 2025-17:56
