What Is Happening With Applied Materials Stock?

Applied Materials (AMAT) surged by 52% over the last six months, propelled not only by strong revenue and margin improvements but also by a remarkable increase in market confidence. The Applied Materials logo appears on a smartphone screen in this illustration photo in Reno, United States, on December 17, 2024. (Photo by Jaque Silva/NurPhoto via Getty Images)NurPhoto via Getty ImagesThe generative AI wave, which is expected to drive demand for more advanced manufacturing equipment, is seen as a key tailwind ...