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Applied Materials Reports Record Q3 Revenue of $9.1 Billion, Up 25% Year Over Year, But Stock Trades 25% Below HighAlphaTradeZone · Pexels
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Applied Materials Reports Record Q3 Revenue of $9.1 Billion, Up 25% Year Over Year, But Stock Trades 25% Below High

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Applied Materials reported record fiscal third-quarter revenue of $9.1 billion, representing a 25% increase year over year. Despite the strong revenue performance, the company's stock is trading more than 25% below its recent high.

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