Investment
Features
FeesSafety
Academy
More
Pluang+

AI chip equipment maker's stock turned $1,000 into nearly $19,000 over 10 years, beating the market.

Market News
13 Oct 2026
24/7 Wall Street
View Source
Bullish
AI chip equipment maker's stock turned $1,000 into nearly $19,000 over 10 years, beating the market.

Applied Materials, a key supplier of machines used to make AI chips, grew from a $1,000 investment to nearly $19,000 over 10 years, outperforming the S&P 500. Despite years of slow growth, export penalties, and market volatility, the company's revenue surged recently due to strong AI demand, with record quarterly sales and optimistic long-term forecasts. Investors who held through the tough periods benefited from the AI-driven chip boom, highlighting the value of patience in cyclical tech markets. The stock remains volatile but shows promise with expanding margins and steady dividend growth.

Applied Materials currently holds a substantial market cap of $394.84 billion on Pluang as of Oct 13, 2026, 23:31 WIB, reflecting its significant presence in the technology sector. The stock price is at USD 464.90, showing a 1-day decline of 6.56%, while the dividend yield remains modest at 0.43%. Trading volume is active with over 4.1 million shares exchanged, and the typical hold time on Pluang is 67 days, indicating steady investor interest despite recent volatility.

More News (AMAT)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App