(Reuters) -Chip equipment maker Applied Materials forecast a $600 million hit to fiscal 2026 revenue after the U.S. expanded its restricted export list in a blow to sectors such as semiconductors, aircraft and medical equipment.

Shares of Applied Materials fell about 3% in extended trading on Thursday after the company said in a filing the new rule would make it more difficult to export some products and supply specific parts and services to select China-based customers without a license.

The U.S. Department of Commerce on Monday widened the export blacklist to include majority-owned subsidiaries of listed companies, cracking down on companies in China and other countries that use units and affiliates to circumvent certain U.S. export curbs.

Applied Materials also expects an impact of a

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