AMAT Stock Recent News
AMAT LATEST HEADLINES
The emergence of artificial intelligence stands as a force ready to transform several prominent industries. Investors looking to seize a rare chance to capitalize on these gains have aimed their efforts at leading semiconductor stocks to quadruple their money.
The Wall Street rally has continued in April with the S&P 500 trading near recently-set record highs. The stronger-than-expected jobs report has boosted investor optimism as the U.S. economy remains resilient despite higher rates.
All eyes are on the upcoming Consumer Price Index (CPI) report that's likely to present a complex view of the current inflationary landscape. Though analysts expect an overall increase in inflation due to rising gas prices, they expect core inflation to slow down, alerting investors and policymakers.
Here is how Applied Materials (AMAT) and ASML (ASML) have performed compared to their sector so far this year.
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.
Investing in stocks like NVIDIA Corporation (NVDA), Lam Research Corporation (LRCX), Applied Materials, Inc. (AMAT), Micron Technology, Inc. (MU) and ACM Research, Inc. (ACMR) is a wise decision as semiconductor sales continue to soar.
Semiconductor stocks continue to get a lot of attention. The emergence of artificial intelligence necessitates a greater supply of chips making semiconductor stocks like Nvidia (NASDAQ: NVDA ) especially hot.
Applied Materials holds a substantial market share in the HBM market, which is crucial for AI chips.
In the closing of the recent trading day, Applied Materials (AMAT) stood at $206.11, denoting a -1.24% change from the preceding trading day.
Investors must distinguish sustainable cash flow generators from the rest. Axcelis Technologies' phenomenal run may be over with possible lackluster growth ahead.