Tag: materials

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, […]

US charges Japanese crime leader with trafficking nuclear materials from Myanmar

WASHINGTON (Reuters) – U.S. authorities on Wednesday charged the leader of a Japanese crime syndicate with conspiring to traffic nuclear materials from Myanmar for expected use by Iran in nuclear weapons, the Justice Department said. Takeshi Ebisawa, 60, and co-defendant Somphop Singhasiri, 61, trafficked in drugs, weapons and nuclear material, “going so far as to […]

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 […]

UPDATE 1-Applied Materials forecasts quarterly revenue above estimates

(Adds background in paragraph 2,3, profit detail in paragraph 5) Feb 15 (Reuters) – Semiconductor equipment supplier Applied Materials forecast second-quarter revenue above Wall Street estimates on Thursday, as it benefits from a recovery in the personal computer market and an artificial intelligence boom. AI-embedded personal computers are the latest rage, pulling the PC market […]

Why Super Micro Computer, Applied Materials, and C3.ai Rallied Today

Shares of artificial intelligence (AI)-related stocks Super Micro Computer (NASDAQ: SMCI), Applied Materials (NASDAQ: AMAT), and C3.ai (NYSE: AI) were rallying on Friday, up 6.1%, 6.9%, and 6.2%, respectively, in Friday trading. None of these stocks had company-specific news to speak of today. However, in general, artificial intelligence stocks continued to power higher on solid news […]

Biden ‘willfully’ disclosed classified materials, but no criminal charges warranted

WASHINGTON (AP) — President Joe Biden “willfully” retained and disclosed highly classified materials when he was a private citizen, including documents about military and foreign policy in Afghanistan and other sensitive national security matters, according to a Justice Department report that nonetheless says no criminal charges are warranted for him or anyone else. The report […]

Biden ‘wilfully’ disclosed classified materials but ‘should not be charged’

US President Joe Biden “wilfully” retained and disclosed highly classified materials when he was a private citizen, including documents about military and foreign policy in Afghanistan and other sensitive national security matters, according to a Justice Department report. The report from special counsel Robert Hur, which was released on Thursday, represents a harshly critical assessment […]