Insightful Analysis of Applied Materials Inc's Financial Health and Market Position
(Bloomberg) -- The US Department of Commerce is continuing an investigation into Applied Materials Inc.’s shipments to Chinese customers, part of a broader effort to ensure that increasingly strict trade restrictions against the Asian nation are effective. Most Read from BloombergSevere Turbulence Leaves 12 Injured on Qatar Airways FlightMusk’s xAI Raises $6 Billion in Bid to Challenge OpenAIXi’s China EV Dream Came True. 10 Years On, Walls Are Going UpChina Creates $47.5 Billion Chip Fund to Ba
The largest U.S. semiconductor equipment maker received an SEC subpoena and two from the U.S. Attorney's Office for the District of Massachusetts. In November 2023 the Commerce Department sent a subpoena "requesting information relating to certain China customer shipments."