Kessler Topaz Meltzer & Check, LLP encourages investors in Applied Materials, Inc. (AMAT) with significant losses to contact the firm

Radnor, Pennsylvania–(Newsfile Corp. – August 25, 2024) – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Applied Materials, Inc. (NASDAQ: AMAT) (“Applied Materials”).

On November 16, 2023, Reuters reported that Applied Materials was under criminal investigation by the U.S. Department of Justice for potentially evading export controls on China’s largest chipmaker, SMIC. On this news, Applied Materials’ stock price fell $6.19, or 4%, to close at $147.75 per share on November 17, 2023.