Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Sohini Mondal

Is Wall Street Bullish or Bearish on Applied Materials Stock?

Applied Materials, Inc. (AMAT), with a market cap of $179.3 billion, operates in the semiconductor and display manufacturing equipment industry. Based in Santa Clara, the company provides manufacturing equipment, services, and software to optimize the performance and cost-efficiency of semiconductor chips and display technologies.

Shares of the semiconductor equipment maker have significantly outperformed the broader market over the past 52 weeks. AMAT has gained 59.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 24.5%. In 2024 alone, shares of AMAT are up 33.6%, compared to SPX's 9.8% gains on a YTD basis.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.