Geopolitical RisksThe rising contribution from China to 43% of total revenue, up from over 20% last year, is a concern due to heightened geopolitical tensions between the US and China, which could impact future sales.
Legal IssuesApplied Materials is facing subpoenas from multiple government bodies, including the US Attorney’s Office, US Commerce Dept, and SEC, raising concerns about potential legal and regulatory challenges.
Revenue ConcernsUnsatisfied performance obligations have decreased to $4.3B from $5.1B in the prior quarter and $5.2B a year ago, indicating potential issues in fulfilling customer orders.