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Stock impact report

B. Riley Raises Target on Applied Materials (AMAT) on HBM and DRAM Capex Upside [Yahoo! Finance]

Applied Materials, Inc. (AMAT) 
Last applied materials, inc. earnings: 2/12 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Riley raised its price target on Applied Materials, Inc. (NASDAQ:AMAT) to $305 from $270 and kept a Buy rating on the stock. In a research note, the analyst pointed to the company's broad exposure across deposition, etch, and chemical mechanical planarization. That range of capabilities places Applied Materials in a strong position to benefit from rising investment in HBM and advanced DRAM capacity. Applied Materials, Inc. (NASDAQ:AMAT) is the world's largest supplier of semiconductor manufacturing equipment. Its tools sit at the core of the chipmaking process, supporting advanced logic, memory, and display technologies. That central role has tied the company closely to the ongoing AI and data center build-out. When chipmakers expand, AMAT is usually part of the story. Several factors helped explain the move in the stock. Demand linked to AI continues to rise, lifting spending on advanced memory and logic chips. That demand is showing up in results as the company posted record rev Show less Read more
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