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ACMR - Applied Materials Stock: Strong Competition Amid Underperformance In China
September, 22 2021 03:21 PM
ACM Research Inc.
Semiconductor equipment purchases in Mainland China increased 37.9% to $8.22 billion in Q2 2021. Applied Materials competes with global vendors as well as a growing number of Chinese vendors with increasing technical capabilities. In Q2 2021, Applied Material's QoQ revenue growth in China increased just 22.3% vs. 72.4% for KLA and 45.6% for Tokyo Electron. For further details see:
Applied Materials Stock: Strong Competition Amid Underperformance In China
Stock Information
Company Name:
ACM Research Inc.
Stock Symbol:
ACMR
Market:
NASDAQ
Website:
acmrcsh.com
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