Applied Materials sees foundry customers delaying orders

By Neha Alawadhi (Reuters) – Chip gear maker Applied Materials said it expects foundry customers to hold back spending in the current quarter as they switch to making smaller chips. Shares of the company, which develops, manufactures and sells a wide range of equipment for making integrated circuits, fell about 3 percent in extended trading on Thursday. Demand for chips using the next-generation 20-nanometer (nm) process technology, which crams more computing power into smaller micro-circuits, is expected to rise in the second half of this year. …

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Applied Materials sees foundry customers delaying orders

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