Applied Materials has been upgraded to a buy rating due to a corrected valuation and stronger fundamentals driven by accelerating AI demand. The company's Q3 revenue rose 25% year-over-year, with Q4 guidance suggesting an even stronger 51% growth. Margins are expanding, with Q3 gross margin up 150 basis points and Q4 operating margin expected to increase by 640 basis points, reflecting effective cost control. Strategic moves include expansion into India and reduced reliance on China, mitigating geopolitical risks while strengthening global presence.
Applied Materials (AMAT) trades at USD 466.21 on Pluang as of Sep 22, 2026 23:32 WIB, showing a modest 0.42% gain in the past day. The stock’s market cap stands at $368.42 billion with a strong buy sentiment from Pluang users, where 76% of order activity favors buying. This positive trading momentum aligns with the recent upgrade and optimistic growth outlook highlighted in the news.
Chip equipment stocks, led by Lam Research's 5% rise, outperformed the broader semiconductor sector on Friday. Applied Materials and KLA Corp. also gained 4% and 3%, respectively, as investors focused on the tools layer, which reflects future chipmak...
Steve Eisman recommends investing in chip suppliers like Micron, SK Hynix, ASML, KLA, Lam Research, and Applied Materials rather than chip designers amid the AI arms race. These suppliers have outperformed Nvidia in 2026, benefiting from strong AI-dr...
