Applied Materials Inc. (AMAT) Strengthens Balance Sheet with $2B Credit Facility

Applied Materials Inc. (NASDAQ:AMAT) is one of the high-growth semiconductor stocks that are profitable in 2025. On September 26, the company secured a $2 billion unsecured revolving credit facility, with Bank of America serving as the administrative agent. Applied Materials Inc. (AMAT) Strengthens Balance Sheet with $2B Credit Facility The agreement paves the way for the company to borrow up to $2 billion at any given time. Additionally, there is a provision that allows the company to increase the facil ...