Applied Materials is reportedly strengthening U.S. semiconductor manufacturing with Apple and Texas Instruments through a $200 million investment in Arizona. The key partnerships and increased investment are likely in an effort to enhance AMAT's domestic footprint in the industry and keep up with the chip revolution. Various analysts including UBS, Citi, and Goldman Sachs have issued positive ratings to the company's stock, projecting growth in the coming months. However, there are concerns about the shrinking sales in China and a slight miss in sales estimates. AMAT has reportedly been written down by Rothschild & Co Redburn rating, and its stock value has seen fluctuation amid these developments. Moving forward, opportunities for growth can be foreseen with a projected 40% DRAM revenue growth by 2025, a focus in AI chipmaking, and potential penetration into foundry and WFE markets. Despite temporary hiccups, the overall growth prospects make AMAT a contender in the high-risk buy stocks according to several billionaires.
Applied Materials AMAT News Analytics from Tue, 17 Dec 2024 08:00:00 GMT to Fri, 08 Aug 2025 21:35:00 GMT -
Rating 5
- Innovation 6
- Information 8
- Rumor 3
