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Stock impact report

Applied Materials (AMAT) Gains Analyst Support as Multi-Year Semiconductor Tailwinds Take Shape [Yahoo! Finance]

Applied Materials, Inc. (AMAT) 
Last applied materials, inc. earnings: 2/12 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
price target for Applied Materials, Inc. (NASDAQ:AMAT) to $380 from $285. KeyBanc maintained an Overweight rating on the stock, citing Applied Materials' “diversified supplier position and potential benefits from increasing deposition and etch intensity.” The analysts noted that Applied Materials stands to gain from growing demands in deposition and etch processes as advanced chips shift to vertical structures, even extending into DRAM memory. They pointed out that the company has seen less stock value growth compared to competitors like KLA Corporation and Lam Research. And the main reason is its greater involvement in older technology nodes for customers in China and elsewhere. KeyBanc emphasized Applied Materials' role in conventional DRAM, calling it “arguably the AI-related device facing the most scarcity.” This could open doors for more production capacity and business expansion, the analysts stated. And looking ahead, the firm predicts steady growth in Applied Materials' Gl Show less Read more
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