Applied Materials Inc. (AMAT): Billionaire Ken Fisher Remains Positive on Semis

Applied Materials, Inc. (NASDAQ:AMAT) is one of Billionaire Ken Fisher’s 15 Most Notable Moves for 2026. Applied Materials, Inc. (NASDAQ:AMAT) is a classic example of Fisher’s excellent stock picking acumen. The company featured in the 13F portfolio of his fund between 2010 and 2012, as smartphones and the chips inside them exploded into popularity around the world. However, Fisher closed this position in early 2012. In 2020, even before the AI craze had picked up full steam, Fisher once again opened a si ...