Applied Materials Navigates China Slowdown, Analysts See Early Recovery Despite Soft Guidance
1. Applied Materials' Q1 revenue at $7.17 billion beats expectations. 2. Analysts revised price targets due to lower Q2 revenue guidance. 3. China exposure and trade restrictions predicted to impact future revenues. 4. AMAT shares fell 6.87% amid mixed analyst outlooks on performance. 5. New technologies expected to drive long-term growth despite short-term challenges.