Applied Materials' shares fell up to 4% pre-market as new US export curbs tightened pressure on its China business
Applied Materials, a semiconductor manufacturer, saw up to 3% decline in its shares on Friday as the United States intensified export restrictions in a bid to curb China's access to advanced chipmaking technology. The stock has recovered to levels from the market's close on November 13. However, the stock's stutter reflected the uncertainty caused by [...]