Applied Materials: AI Chip Demand Boosts Stock
Update: 2025-12-05
Description
Applied Materials, a leading semiconductor equipment manufacturer, is poised for significant growth in 2026 due to the surging demand for AI-enabled chips and advanced memory chips. The companys stock has already seen a 56% increase over the past year, and TD Cowen analysts predict a potential 16.9% increase from its current value. Despite a slight dip in Chinese spending due to export controls, Applied Materials expects strong memory chip production to drive revenue, with current-quarter projections at around $6.85 billion.
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