Applied Materials beats on Q4 and guides above forecasts as chip equipment demand holds

What we know so far

investingLive (Nov 13, 03:27): Applied Materials is a bellwether for chip industry spending, so an above-consensus guide supports the wider semiconductor equipment group and the AI hardware trade. The outlook points to chipmakers still committing to new capacity and more advanced production. That is a positive read-through for foundry and memory supply chains in Asia, including Taiwan and South Korea. The wide guidance range…