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YahooOctober 22, 2026 at 11:32 AM NY5 Days Ago

Applied Materials Sinks 7% on Lam’s Outlook: “A Bit Higher” Wasn’t Enough

Applied Materials (AMAT:NASDAQ) shares are down about 7. 4% today (trading at about $380) after Lam Research (LRCX:NASDAQ) said supply-chain constraints held back its December-quarter outlook.

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