Insert data into table with result from another select query

If table_2 is empty, then try the following insert statement:

insert into table_2 (itemid,location1) 
select itemid,quantity from table_1 where locationid=1

If table_2 already contains the itemid values, then try this update statement:

update table_2 set location1=
(select quantity from table_1 where locationid=1 and table_1.itemid = table_2.itemid)