๐ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐ฅ
โ
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator โ
Log In
News on Medial
Applied Materials Falls as Export Controls Weigh on Outlook
Livemint
ยท
5m ago
Medial
Applied Materials Inc., a leading U.S. chip-manufacturing equipment maker, issued a cautious revenue forecast, citing U.S. export controls impacting its business in China, which represents about one-third of its sales. The company's forecasted revenue is $7.1 billion for the fiscal second quarter, slightly below Wall Street estimates, with profits aligned with projections. Export rules are expected to reduce fiscal 2025 revenue by $400 million, with immediate impacts on service operations in China, affecting growth but with a promising outlook due to AI component demand.
View Source
Related News
Rare earth shortage hits electronic component companies - The Economic Times
Economic Times
ยท
12d ago
Medial
The Electronics Component Manufacturing Scheme (ECMS) faces challenges due to rare earth shortages, exacerbated by Chinaโs export controls. Over 110 firms have applied, but some warn they might miss targets without solution. Alternatives include importing components or using different technologies. While interest in printed circuit boards (PCBs) is strong, local production lacks crucial raw materials. The scheme aims to enhance domestic electronics manufacturing, with the government offering support and extending application deadlines.
View Source
The Most Important Tech Company Youโve Never Heard of Is a Major Reason Computers Keep Getting Faster
Livemint
ยท
1y ago
Medial
The article discusses how materials science, rather than shrinking individual components on microchips, is now driving performance gains in computers. Companies like Applied Materials are focusing on manipulating materials at the atomic level to make chips faster and more capable. As chip makers reach the limits of miniaturization, materials science plays a crucial role in developing new compounds and manufacturing processes. This shift towards three-dimensional chips has increased complexity and requires expertise in depositing materials and etching away unwanted ones. Applied Materials and other materials science firms are key players in advancing chip technology.
View Source
China probes Google moments after Donald Trump's tariff enter effect
Economic Times
ยท
6m ago
Medial
China launched an investigation into Google's alleged anti-trust violations and imposed new tariffs on U.S. goods shortly after President Trump implemented a 10% tariff on imports from Beijing, sparking a renewed trade conflict. China's measures include 15% levies on coal and natural gas, and 10% on oil and agricultural equipment, alongside export controls on tungsten-related materials. Consequently, the offshore yuan depreciated, impacting currencies like the Australian and New Zealand dollars amidst the ongoing economic dispute.
View Source
China flexes chokehold on rare-earth magnets as exports plunge in May
Livemint
ยท
1m ago
Medial
In May, China's exports of rare-earth magnets fell by 74% from the previous year due to imposed controls, emphasizing its dominance in this crucial industry. Rare-earth magnets are essential for electric vehicles and jet fighters, and the decline marks the biggest percentage drop since records began in 2012. This move amid U.S.-China trade tensions highlights the strategic importance of rare-earth materials, as China's export levels hit their lowest since February 2020.
View Source
Applied Materials sees quarterly revenue above estimates on AI boom
Economic Times
ยท
1y ago
Medial
Semiconductor equipment supplier Applied Materials is expecting better-than-expected second-quarter revenue due to strong demand for advanced chips used in AI and a recovery in the personal computer market. The company reported a first-quarter revenue of $6.71 billion, surpassing estimates, with China sales accounting for 45% of total revenue. Applied Materials expects second-quarter revenue of $6.5 billion, higher than analysts' average estimate of $5.92 billion. The push for stronger domestic chip supply chains is benefiting companies like Applied Materials.
View Source
Huawei founder waves off US chip curbs while trade talks proceed
Economic Times
ยท
1m ago
Medial
Huawei founder Ren Zhengfei claims US tech export restrictions have minimal impact on China's chip sector, as domestic firms innovate with chip packaging and open-source AI development. The statement coincides with US-China trade talks focused on tech shipments and export controls. US Commerce Secretary highlights these controls limiting China's semiconductor progress. Despite restrictions, Huawei has advanced in semiconductors, AI, and EVs, stressing its independence from Beijing amidst ongoing tensions over its operations.
View Source
Applied Materials' $4 billion California R&D facility sees uncertain future: report
Economic Times
ยท
1y ago
Medial
Applied Materials, the largest maker of semiconductor equipment in the US, may cancel or delay its $4 billion R&D facility in Silicon Valley due to a lack of government funding. The Biden administration decided not to provide funding from the Chips and Science Act, which aims to support chip production amid high demand. This move comes as a blow to Applied Materials' plan to enhance semiconductor manufacturing. The company has not yet responded to Reuters' request for comment.
View Source
Nasdaq-listed Applied Materials set to strike India deal with PE-backed company
VCCircle
ยท
1y ago
Medial
Nasdaq-listed Applied Materials is in talks to acquire a minority stake in an Indian telecom gear and hardware manufacturer. The company is currently engaged in advanced discussions after the target failed to secure a private equity deal. Applied Materials is a prominent global supplier of equipment and software to semiconductor makers, with a substantial revenue of over $26 billion.
View Source
Lam Research beats quarterly revenue estimates on surging AI chip demand
Economic Times
ยท
3m ago
Medial
Lam Research exceeded Wall Street expectations for third-quarter revenue, driven by strong demand for advanced AI chips, boosting its shares by 4.5% in extended trading. This demand leads major chip manufacturers, like Taiwan Semiconductor Manufacturing Co., to increase orders, benefiting suppliers like Lam. It posted $4.72 billion in revenue, surpassing analyst estimates. Despite U.S. export controls challenges, Lam's outlook remains strong, expecting fourth-quarter revenue of $5 billion. Its systems revenue reached $3.04 billion for the quarter.
View Source
Chip wars boost Europeโs top tech companyโfor now
Livemint
ยท
1y ago
Medial
ASML, the Dutch chip-making equipment company, saw its sales in China surge to 46% in Q3 2020, up from 8% earlier in the year. The increase in Chinese orders was driven by a slowdown in Western demand and rush to source equipment before export controls were imposed this month. ASML's sales to China may remain strong this year, as only a small portion (10-15%) of shipments to the country would be affected by export bans. China's aggressive investment in industries like electric cars and wind turbines further drives its demand for semiconductors. However, China's dependence on ASML and its competitors for chip-making machines remains a challenge as export controls tighten.
View Source
Trackers
Active Indian VCโs
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything thatโs happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in