Applied Materials is a leading provider of equipment, services, and software for the semiconductor and display manufacturing industries
The company specializes in a range of technologies that enable the fabrication of advanced materials and components, crucial for powering devices such as smartphones, tablets, and computers. Through its innovative solutions, Applied Materials helps manufacturers improve their production processes, enhance the performance of their products, and drive advancements in electronics, renewable energy, and other high-tech sectors. The company's commitment to research and development positions it at the forefront of the ever-evolving landscape of materials engineering and chip manufacturing.
The S&P 500 index is hovering near its highest level on record. Most companies in the index have reported strong financial results. Some of the top names to watch will be McDonald’s and Applied Materials.
Life sciences company Avantor (NYSEAVTR) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 2.1% year on year to $1.69 billion. Its non-GAAP profit of $0.27 per share was 4.5% above analysts’ consensus estimates.
Applied Materials stock price has remained in a tight range in the past few weeks as investors focused on the data center and artificial intelligence industry.
Semiconductor equipment companies ASML Holding, Applied Materials, KLA Corp, and Lam Research Corp have benefited from the AI boom, driven by TSMC's strong capex plans and advanced process technologies.
Chip stocks are bearing the brunt of President Donald Trump’s import tariffs on China, fueling concerns about how these measures will impact the global tech supply chain.
BofA Securities analyst Vivek Arya previewed fourth-quarter earnings for semiconductor capital equipment (semicap), where reporting kicks off with ASML Holding (NASDAQASML), Lam Research Corp (NASDAQ:
