Group 1 - Applied Materials, Inc. (NASDAQ:AMAT) is considered an undervalued stock with a wide economic moat, attracting investment interest [1] - First Manhattan CO. LLC. increased its stake in Applied Materials by 7.8%, acquiring 224,743 shares, which now represents 0.38% ownership valued at $448,221,000 [1] - The company is expected to benefit from the rising demand for advanced chips, DRAM, and NAND memory structures, leveraging its advanced defect detection technologies [2][3] Group 2 - Applied Materials is positioned for long-term growth as a supplier to leading chipmakers involved in complex 3D systems and AI infrastructure [3] - The company operates in three segments: Semiconductor Systems, Applied Global Services, and Display, focusing on manufacturing equipment, services, and software for the semiconductor and display industries [4] - The growth drivers for Applied Materials include advancements in AI, manufacturing, and electrification [3]