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 BloombergIndia’s Markets Brace for Selloff as Modi’s Poll Goals in DoubtFed’s Favorite Underlying Inflation Gauge Is Seen CoolingYellen Says Higher Path for Rates Boosts Need to Lift RevenueTesla Shareholders Should Reject Musk’
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."