Applied Materials (AMAT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The U.S.-China geopolitical tensions gained traction, with Applied Materials Inc (NASDAQ:AMAT) receiving another subpoena from the U.S. Department of Commerce in May seeking more information on China shipments. The Taiwan Semiconductor Manufacturing Co (NYSE:TSM) supplier received an SEC subpoena and two from the U.S. Attorney’s Office for the District of Massachusetts, Reuters reports. In November 2023, the Commerce Department sent a subpoena seeking information relating to specific China custo