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- Semiconductor equipment makers are declining in sympathy with Applied Materials (NASDAQ:AMAT), now down 5.3% postmarket after it missed Street targets for its fiscal fourth quarter and guided below expectations for fiscal Q1 revenues.
- Applied Materials said "our supply chain cannot keep up" in explaining the sales disappointment, though the company still finished the fiscal year with a record $23.06 billion in revenues.
- Supply-chain worries are clearly on the mind of semicap investors tonight.
- Lam Research (NASDAQ:LRCX) is down 1.7% after hours following Applied's report, and peer KLA (NASDAQ:KLAC) is off 1.6%. Teradyne (NASDAQ:TER) is 1.2% lower.
- Some more modest declines are there for MKS Instruments (NASDAQ:MKSI), -0.6% after hours, and ASML Holding (NASDAQ:ASML), -0.2%.
- Bucking those moves at the moment is Ultra Clean Holdings (NASDAQ:UCTT), up 1% postmarket.