Applies articles
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Convicted Former Top Baltimore Prosecutor Applies For Presidential Pardon
Baltimore’s former top prosecutor Marilyn Mosby has applied for a presidential pardon ahead of sentencing on her recent perjury and mortgage fraud convictions, according to The Baltimore Sun. In a letter to President Joe Biden on Thursday, the Congressional Black Caucus expressed support for her cause, repeating claims made by Mosby and her attorneys that […]
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Applied Materials (AMAT) Forecast Fails to Impress After Stock Run-Up
Applied Materials Inc., the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year.
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Applied Materials forecasts strong third quarter on AI boom
Semiconductor equipment maker Applied Materials forecast third-quarter results largely above Wall Street estimates on Thursday, indicating robust demand fueled by an artificial intelligence boom. The company has benefited from growing demand for wafer fabrication equipment, which are sophisticated and expensive machinery to make semiconductors, as its customers are investing heavily to produce AI chips. A surge in the requirement of high-performance computing and data centers has also driven...