Applied Materials is a key player in the AI infrastructure sector, leveraging its expertise in advanced chip fabrication materials. The company boasts high profit margins, strong capital returns, and an impressive five-year average return on invested capital (ROIC) of 47%, highlighting its efficiency and shareholder focus. Recent innovations include sub-2nm GAA transistors and a record quarter for DRAM equipment, positioning it well for near-term growth driven by AI demand. While the stock's valuation is fair but not cheap, ongoing cyclical and policy risks remain, yet the company's quality and the multi-year AI equipment upcycle make it a cautious buy for long-term investors.
REX Shares has filed for the REX AI Chipmaking ETF, targeting the booming $1.3 trillion AI infrastructure sector. The fund tracks the VettaFi AI Chipmaking Index, focusing on companies involved in wafer fabrication equipment, advanced packaging, and ...
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
