Applied Materials (AMAT) stock price has moved into a deep bear market as concerns about the semiconductor industry continued. It has crashed by more than 25% from its highest point this year and is hovering near its lowest point since April.
Stocks like Taiwan Semiconductor Manufacturing Company Limited (TSM), RF Industries, Ltd. (RFIL), Micron Technology, Inc. (MU) and Applied Materials, Inc. (AMAT) are poised to benefit from the jump in semiconductor sales.
In the closing of the recent trading day, Applied Materials (AMAT) stood at $181.87, denoting a +0.03% change from the preceding trading day.
Applied Materials stock has had a solid year thus far, rising by about 31% year-to-date. In comparison, Applied's semiconductor industry peer Texas Instruments stock has gained about 21% over the same period.
Here is how Applied Materials (AMAT) and RF Industries, Ltd. (RFIL) have performed compared to their sector so far this year.
Applied Materials (AMAT) is riding on its leading position in the semiconductor technology inflections.
Applied Materials (AMAT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Applied Materials (AMAT) closed at $205.57 in the latest trading session, marking a -0.44% move from the prior day.
Certain companies rise above the rest in the technology sector, quietly positioning themselves as trillion-dollar companies with explosive growth. Here, the focus is on the secrets of three such hidden titans.
In the closing of the recent trading day, Applied Materials (AMAT) stood at $219.65, denoting a -1.71% change from the preceding trading day.
Applied Materials (AMAT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Tech stocks, and particularly shares of semiconductor firms, have played a key role in driving major U.S. equities indexes to record highs, but the tides changed on Wednesday.