Applied Materials to pay $252.5 million to settle U.S. export-control case with Commerce
Applied Materials agreed on February 11, 2026 to pay $252.5 million to the Commerce Department's Bureau of Industry and Security to resolve allegations about China customer shipments made between November 2020 and July 2022. The DOJ and SEC have closed their related inquiries without enforcement action, which removes those open reviews, but the one-time payment is a cost and the settlement requires ongoing internal audits and compliance training.
- One-time payment of $252.5 million to BIS under the settlement agreement dated February 11, 2026
- The DOJ and SEC have closed their inquiries, and neither agency has taken enforcement action
- BIS allegations cover certain customer shipments to China between November 2020 and July 2022
- Applied agreed to conduct internal audits of its export controls compliance program and maintain training and reporting mechanisms