UCTT - Chip equipment makers dip following Applied Materials miss

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.

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Chip equipment makers dip following Applied Materials miss