The PennZone

ALLENTOWN, Pa. - PennZone -- Applied Materials exhibited the largest drop in revenues from sales of semiconductor equipment, from 54% in Q1 2024 to 39% in 2Q 2024, according to the article entitled "Applied Materials – Loses $750 Million DRAM Business as China's Chip and Equipment Self-Sufficiency Increase," recently published on Substack.

"The drop in revenue for Applied Materials, a leading provider of equipment used in the semiconductor manufacturing process, highlights the shifting dynamics in the global semiconductor market," noted Dr. Robert Castellano, President of The Information Network and author of the article. "Failed U.S. sanctions have driven Chinese semiconductor companies to become more adept at producing their own chips and acquiring the necessary equipment to support these processes. This shift has had a direct impact on international equipment suppliers like Applied Materials."

More on The PennZone

• Adam Clermont Releases New Book – Profit Before People: When Corporations Knew It Was Dangerous and Sold It Anyway
• Dirty Heads, 311, Tropidelic, and The Movement to Headline Everwild Music Festival in 2026 with its largest lineup to date!
• VIP Vacations Honored by Lomas as One of Top Overall Travel Agencies
• The Stork Foundation Announces 2025 Year-End Impact and Grant Awards Amid Rising National Demand
• Stout Industrial Technology Appoints Paul Bonnett as Chief Executive Officer

"DRAM is a critical component in a wide range of electronic devices, and its production relies heavily on sophisticated semiconductor equipment. The reduction in business is a significant blow to Applied Materials, reflecting the challenges faced by foreign equipment suppliers in maintaining their market share amidst China's push for self-reliance," added Dr. Castellano.

(https://drrobertcastellano.substack.com/p/applied-materials-loses-750-million)