“We are cooperating fully with the government in these matters,” Applied Materials said in the filing. “These matters are subject to uncertainties, and we cannot predict the outcome, nor reasonably estimate a range of loss or penalties, if any, relating to these matters.”
The US Department of Commerce is continuing an investigation into Applied Materials’s shipments to Chinese customers, part of a broader effort to ensure that increasingly strict trade restrictions against the Asian nation are effective.
The company said in a filing this week that it had received subpoenas in May from the Commerce Department’s Bureau of Industry and Security. That followed earlier subpoenas from the agency in November of last year.
