The semiconductor industry that suffered in 2023 is making a steady recovery this year. The Semiconductor Industry Association (SIA) said on Aug 5 that global semiconductor sales totaled $50.0 billion, up 1.7% month over month from May’s total of $49.1 billion.Semiconductor Sales Rebound on Higher DemandThe report also mentioned that sales totaled $149.9 billion in the second quarter, reflecting an 18.3% year-over-year jump and a 6.5% rise from the first quarter.Regionally, year-over-year semiconductor sale ...

SANTA CLARA, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its third quarter of fiscal 2024 financial results on Thursday, Aug. 15, 2024 at 4:30 p.m. ET / 1:30 p.m. PT. The live webcast will be accessible via the Applied Materials website at: https://ir.appliedmaterials.com. A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT. About Applied MaterialsApplied Materials, Inc. (NASDAQ:AMAT) is the leader in materials engineering ...

SANTA CLARA, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its third quarter of fiscal 2024 financial results on Thursday, Aug. 15, 2024 at 4:30 p.m. ET / 1:30 p.m. PT. The live webcast will be accessible via the Applied Materials website at: https://ir.appliedmaterials.com. A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT. About Applied MaterialsApplied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering ...

GERMANY - 2024/04/03: In this photo illustration, an Applied Materials, Inc logo seen displayed on a ... [+] tablet. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesApplied 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. Applied is set to report its Q3 FY’24 results around August 15 and ...

Applied Materials’ (AMAT) shares have gained 21.4% in the year-to-date period, outperforming the industry, the Zacks Computer & Technology sector and the S&P 500 index’s returns of 18.1%, 18.2% and 14.7%, respectively.Given the fact that artificial intelligence (AI) has become mainstream in several industries and sectors, the company’s strategic pivot toward the technology has been a major positive. As businesses of different sizes are rushing to boost their operational efficiency with the power of AI, AMAT ...

Applied Materials (AMAT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this maker of chipmaking equipment have returned -18.3%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Semiconductor Equipment - Wafer Fabrication industry, which Applied Materials falls in, has lost 16.7%. The key question now is: What could b ...

The latest trading session saw Applied Materials (AMAT) ending at $205.57, denoting a -0.44% adjustment from its last day's close. This change lagged the S&P 500's daily gain of 0.08%. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq appreciated by 0.07%.Coming into today, shares of the maker of chipmaking equipment had lost 12.51% in the past month. In that same time, the Computer and Technology sector lost 4.62%, while the S&P 500 lost 0.21%.The upcoming earnings release of Applied ...

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. These industry leaders showcase exceptional market dominance, technological leadership, and strategic foresight, which make them prime candidates for massive valuation expansion. Understanding these companies’ fundamentals and market positions is vital to identifying high-potential opportunities.The f ...

Applied Materials (AMAT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this maker of chipmaking equipment have returned -9.3%, compared to the Zacks S&P 500 composite's +1.1% change. During this period, the Zacks Semiconductor Equipment - Wafer Fabrication industry, which Applied Materials falls in, has lost 12.6%. The key question now is: What c ...

Key TakeawaysThe S&P 500 dropped 1.4% on Wednesday, July 17, 2024, as concerns about possible export restrictions on semiconductor equipment weighed on the tech sector.Shares of semiconductor equipment providers and chipmakers suffered heavy losses.GE Vernova stock sank, while shares of 3M spinoff climbed. 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. The broad-based S&P 500 fel ...