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Applied Materials forecasts third-quarter revenue above estimates
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Applied Materials forecasts third-quarter revenue above estimates
May 26, 2025 9:01 AM

May 15 (Reuters) - Applied Materials ( AMAT ) forecast

third-quarter revenue above Wall Street estimate on Thursday,

betting on steady demand for its chipmaking equipment.

The company forecast third-quarter revenue of $7.2 billion,

plus or minus $500 million, compared with analysts' average

estimate of $7.19 billion, according to data compiled by LSEG.

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