Applied Materials Hits New High: Is AMAT Stock Poised for Continued Gains in 2026?

Applied Materials (AMAT) has been on a solid upward trajectory, with its stock rising about 72.4% over the past six months and reaching a new high. This strong performance reflects growing investor confidence in the company’s ability to capitalize on the accelerating adoption of artificial intelligence (AI). The ongoing investments in AI are driving demand for advanced semiconductor manufacturing equipment, supporting its financials and share price. AMAT is one of the world’s leading suppliers of wafer f ...