Applied Materials Q1 earnings preview: Focus on China demand for memory chips

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Applied Materials (NASDAQ:AMAT) is scheduled to report first-quarter earnings on Thursday, February 15th, after market close.

Analysts expect a year-over-year decline in both the top and bottom lines, with earnings per share of $1.91 on revenues of $6.49 billion.

The semiconductor equipment maker is expected to report first-quarter results in-line with market estimates, benefitting from strong China demand for its memory chips.

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