Tag: applied

Why AMD, Applied Materials, and Lam Research Stocks All Tumbled Today

Wednesday is turning into a bad day to own semiconductor stocks — and China is the reason. Late last night, the South China Morning Post reported that semiconductor chip output in the Middle Kingdom surged 40% in the first quarter — more than twice as fast as total global semiconductor sales, according to data from […]

Where Will Applied Materials Stock Be in 5 Years?

Applied Materials (NASDAQ: AMAT) is one of the most important companies you may have never heard of before. The semiconductor equipment maker — don’t worry, we’ll explain what that is — has posted phenomenal returns for long-term shareholders. Shares are up an astonishing 615,000% since its IPO in 1972, meaning every $1,000 invested at the […]

Why ASML Stock and Applied Materials Just Popped, But Intel Dropped

Well, it’s Thursday — the day after news of Nvidia‘s (NASDAQ: NVDA) Q4 earnings report dropped. And it’s already pretty obvious how investors are reacting to the news. As of noon ET, shares of Nvidia rival Intel (NASDAQ: INTC) are down 0.8% — recovered somewhat from an earlier decline of more than 2%. In contrast, […]

Why Applied Materials Stock Just Jumped 7%

Applied Materials (NASDAQ: AMAT) shares are moving higher Friday morning, up 6.7% through 10:20 a.m. ET after the manufacturer of equipment for semiconductors production reported better-than-expected Q1 2024 sales and earnings last night. Heading into earnings day, analysts had forecast Applied Materials would earn $1.91 per share on sales of $6.5 billion. Applied beat both […]

Applied Materials shares rise after upbeat AI-boosted forecast

(Reuters) — Applied Materials shares rose 13% in premarket trading on Friday after the semiconductor equipment supplier forecast a better-than-expected second quarter on strong demand from customers looking to make AI-enabled chips. The outlook was also supported by improvement in certain electronics end-markets like smartphones and personal computers, and analysts highlighted a diversified portfolio that […]

S&P, Nasdaq futures rise ahead of inflation data; Applied Materials surges

(Reuters) – Futures tracking the S&P 500 and the Nasdaq gained on Friday as investors looked forward to a producer inflation report for more cues on the timing of interest rate cuts, while shares of Applied Materials surged following an upbeat revenue forecast. Wall Street’s main indexes have recovered after a setback earlier in the […]