Applied Materials Inc. (NASDAQ:AMAT) Sees Stock Upgrade Amid Strong Fiscal Performance
Applied Materials(US:AMAT) Financial Modeling Prep·2026-02-13 06:05Summit Insights Group upgraded NASDAQ:AMAT from Hold to Buy, reflecting confidence in the company's market position and recent financial achievements.AMAT reported a revenue of $7.01 billion, surpassing consensus estimates and highlighting its strength in the semiconductor equipment industry.The company forecasts a second-quarter revenue of around $7.65 billion, driven by demand for AI processors and its chipmaking equipment.Applied Materials Inc. (NASDAQ:AMAT) is a leading company in the semiconductor equi ...