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Non-Tech : Kirk's Market Thoughts
COHR 154.52-3.0%Nov 7 9:30 AM EST
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Lee Lichterman III
To: Lee Lichterman III who wrote (9801)5/14/2020 7:21:40 PM
From: Kirk ©1 Recommendation   of 26439
 
They were shut down here working from home all of March I believe as most tech companies here started WFH well before we were told to. Add that to the normally slow CNY in Asia mixed with the complete shutdown in much of China so being light is fine.

What matters is demand going forward and that sounds good. Add in the TSMC building a fab in the US news and it makes sense to be up.

Looking at Yahoo! news.... she's saying the same thing in the video.

Applied Materials misses on Q2 earnings, says underlying demand remains robust
Yahoo Finance Video May 14, 2020

finance.yahoo.com
Applied Materials released its second quarter earnings report after hours on Thursday, missing investors’ expectations on both top and bottom lines. The company offered no guidance for its third quarter, but did acknowledge that the demand for its equipment and services remained ‘robust.’ Yahoo Finance’s Myles Udland breaks down the company’s earnings report on The Final Round.

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