Semiconductor strength underpins Applied’s Q2

Applied Materials had Q2 revenues  $5.58 billion with a gross margin of 47.5% for a profit of $1.58 billion. The company generated $1.19 billion in cash from operations and returned $952 million to shareholders including $750 million in share repurchases and $202 million in dividends. “Applied Materials’ record performance is underpinned by broad-based strength across ...

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