AMAT · 10-Q · 2026Q3 · Full report
Export Controls Settlement
APPLIED MATERIALS INC /DE · 2026-08-20 · Importance 41 · Surprise 60 · Matches filing data
Applied Materials recorded a $253 million charge in the first nine months of fiscal 2026 for a settlement resolving a previously disclosed export-controls compliance matter. The charge reduced Semiconductor Systems’ nine-month operating-margin improvement because it partially offset the benefits of higher revenue, pricing, and lower material and manufacturing costs. The settlement relates to U.S. restrictions affecting semiconductor technology and products supplied to customers in China. The filing states that export licensing requirements have limited the company’s ability to provide certain products and services to China over several years.
Key facts
- Recorded a charge of $253 million in the first nine months of fiscal 2026 related to a settlement agreement resolving a previously disclosed export controls compliance matter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -2.8% | Recorded a charge of $253 million in the first nine months of fiscal 2026 related to a settlement agreement resolving a previously… |