In the latest trading session, Applied Materials (AMAT) closed at $173.89, marking a +1.75% move from the previous day. This move outpaced the S&P 500's daily gain of 0.06%. Elsewhere, the Dow saw an upswing of 0.13%, while the tech-heavy Nasdaq appreciated by 0.24%.Shares of the maker of chipmaking equipment witnessed a gain of 14.08% over the previous month, beating the performance of the Computer and Technology sector with its gain of 12.39% and the S&P 500's gain of 6.45%.The investment community will b ...

SANTA CLARA, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced the recipients of Supplier Excellence Awards for contributions made to Applied's business over the past year. The awards reflect outstanding technical and operational performance in areas including quality, service, lead time, delivery, cost and responsiveness. The awards also include an Excellence in ESG category which is part of the SuCCESS2030 (Supply Chain Certification for Environmental and Social Sustainabil ...

Applied Materials (AMAT) closed the latest trading day at $171.09, indicating a +1.73% change from the previous session's end. This change outpaced the S&P 500's 0.32% loss on the day. On the other hand, the Dow registered a loss of 0.71%, and the technology-centric Nasdaq decreased by 0.2%.The the stock of maker of chipmaking equipment has risen by 12.87% in the past month, leading the Computer and Technology sector's gain of 9.33% and the S&P 500's gain of 4.59%.Market participants will be closely followi ...

SANTA CLARA, Calif., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its first quarter of fiscal 2024 financial results on Thursday, Feb. 15, 2024 at 4:30 p.m. ET / 1:30 p.m. PT. The live webcast will be accessible via the Applied Materials website at: https://ir.appliedmaterials.com. A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT. About Applied MaterialsApplied Materials, Inc. (NASDAQ:AMAT) is the leader in materials engineering ...

SANTA CLARA, Calif., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its first quarter of fiscal 2024 financial results on Thursday, Feb. 15, 2024 at 4:30 p.m. ET / 1:30 p.m. PT. The live webcast will be accessible via the Applied Materials website at: https://ir.appliedmaterials.com. A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT. About Applied MaterialsApplied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering ...

As the engine of artificial intelligence (AI) models and applications, stocks of microchip and semiconductor companies remain red hot. The iShares Semiconductor ETF (NASDAQ:SOXX) has risen 45% in the last 12 months, including a 6% increase this year. Many of the better known chip stocks, such as Advanced Micro Devices (NASDAQ:AMD), have seen their share price more than double over the past year. And the gains look likely to continue as global demand for the microchips needed to power AI continues to swell a ...

There are multiple reasons that investors should be highly interested in some appealing chip stocks at the moment. Several factors suggest that the semiconductor industry is poised to skyrocket in 2024.The first tranche of funding from the CHIPS Act was released at the end of 2023. The strong government subsidization of chips is one such factor. Of course, 2023 was a seminal year for AI, deeply tied to semiconductors. Continued monetization of generative AI, in particular, will play a strong role.Further, i ...

Sundry PhotographyIn our prior analysis of Applied Materials, Inc. (NASDAQ:AMAT), we emphasized its market dominance in 2022, outperforming semiconductor equipment competitors. However, we anticipated a growth slowdown due to a projected moderation in the semiconductor industry capex for Logic and Memory segments. In this follow-up analysis, we analyzed the company's full-year results, noting a flattish revenue growth (2.8%). We focused on the geographical revenue breakdown, particularly in China, consi ...

CAMBRIDGE, Mass. and SANTA CLARA, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- MIT and Applied Materials, Inc. announced an agreement today that, together with a grant to MIT from the Northeast Microelectronics Coalition (NEMC) Hub, commits more than $40 million of estimated private and public investment to add advanced nano-fabrication equipment and capabilities to MIT.nano, the Institute's center for nanoscale science and engineering. The collaboration will create a unique open-access site in the United Stat ...

In the latest market close, Applied Materials (AMAT) reached $168.48, with a +0.95% movement compared to the previous day. This change outpaced the S&P 500's 0.76% gain on the day. On the other hand, the Dow registered a gain of 0.59%, and the technology-centric Nasdaq increased by 1.12%.Heading into today, shares of the maker of chipmaking equipment had gained 2.98% over the past month, lagging the Computer and Technology sector's gain of 4.99% and outpacing the S&P 500's gain of 2.5% in that time.The inve ...