In the closing of the recent trading day, Applied Materials (AMAT) stood at $192.61, denoting a +1.14% move from the preceding trading day.
Applied Materials (AMAT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Applied Materials is the backbone of chip manufacturing, dominating deposition, etch, and CMP—critical for AI chip production and industry innovation. The stock is undervalued, with demand recovering as foundries like TSMC ramp up orders for next-gen AI and high-performance chips. Earnings are solid, guidance is stable, and catalysts like China export reopening and AI-driven demand are not yet fully priced in.
AMAT jumps 14% in a month as strong chip tool demand, rising margins, and a broad product edge fuel investor interest.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Applied Materials (AMAT) concluded the recent trading session at $199.29, signifying a +1.11% move from its prior day's close.
Applied Materials (AMAT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Applied Materials gains from booming AI demand, with traction across its foundry, logic and DRAM offerings.
Applied Materials (AMAT) closed the most recent trading day at $194.99, moving +2.21% from the previous trading session.
Is it possible for Applied Materials stock (NASDAQ:AMAT) to reach close to $380 in the coming years? There is a strong likelihood, as the company is poised to benefit from the rising capital expenditures driven by the generative artificial intelligence boom.
KLAC rides AI-driven demand with strong gains in advanced packaging, outpacing AMAT's slower growth and China headwinds.
Applied Materials posts its highest gross margin in over two decades as demand surges for AI and HPC chipmaking tools.