The Zhitong Finance App learned that on Friday, Applied Materials (AMAT.US) fell nearly 6% in early trading and is now reported at $503.94. According to the news, Applied Materials handed over strong third-quarter results and gave fourth-quarter guidance that was higher than market expectations. However, against the backdrop of a sharp rise in stock prices this year and market expectations for AI capital expenditure already at a high level, this “exceeding expectations” financial report was not recognized by the market.

The Zhitong Finance App learned that on Friday, Applied Materials (AMAT.US) fell nearly 6% in early trading and is now reported at $503.94. According to the news, Applied Materials handed over strong third-quarter results and gave fourth-quarter guidance that was higher than market expectations. However, against the backdrop of a sharp rise in stock prices this year and market expectations for AI capital expenditure already at a high level, this “exceeding expectations” financial report was not recognized by the market.