Applied Materials Stock Hits 52-Week High
Update: 2025-11-26
Description
Applied Materials, a semiconductor industry powerhouse, has seen its stock reach a 52-week high, driven by strong performance in AI and advanced semiconductors. Despite slight dips, their stock has soared by nearly 50% over the past three months, outpacing the broader semiconductor industry. This growth is supported by robust fiscal results, with net revenues of $28.4 billion and adjusted earnings per share rising by 8.9%. Analysts maintain a Moderate Buy rating, reflecting confidence in the companys future prospects.
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