The Law Offices of Frank R. Cruz Continues Its Investigation of Applied Materials, Inc. (AMAT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation on behalf of Applied Materials, Inc. (“Applied Materials” or the “Company”) (NASDAQ: AMAT) investors concerning the Company and its officers’ possible violations of federal securities laws.

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On November 16, 2023, Reuters reported that Applied Materials is under criminal investigation by the U.S. Justice Department for potentially evading export restrictions on China’s top chipmaker SMIC.

On this news, Applied Materials' stock price fell approximately 5% during intraday trading on November 17, 2023, thereby injuring investors.

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If you purchased Applied Materials securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Los Angeles, California 90067 at 310-914-5007, by email to [e-mail], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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