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 BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughCatering to the Ultra-Rich Is
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."