Applied Materials, Inc. reported results for its fourth quarter and fiscal year ended Oct. 31, 2021. Applied generated revenue of $6.12 billion, which was at the low end of the guidance range due to supply chain challenges. On a GAAP basis, the company recorded gross margin of 48.1 percent, operating income of $2.01 billion or 32.9% of net sales, and earnings per share (EPS) of $1.89. On a non-GAAP adjusted basis, the company reported gross margin of 48.2%, operating income of $2.03 billion or...