Prediction: 1 Struggling AI Stock to Buy in December Could Make Investors a Fortune in 2025
Applied Materials(AMAT) The Motley Fool·2024-12-22 10:27
Applied Materials (AMAT 1.33%) is one of the few stocks related to artificial intelligence (AI) that has retreated this year. Shares are down 37% from their all-time high as of this writing. The equipment supplier for semiconductor manufacturing facilities is getting hit over fears the U.S. government will bar it from selling products to China, one of its most important markets. Outside of AI, the wider semiconductor market has gone through a downturn, hurting revenue growth for semiconductor equipment make ...