28-Mar-2024
Applied Materials Earns Intel's 2024 EPIC Distinguished Supplier Award
Globe Newswire (Thu, 28-Mar 11:10 AM ET)
Micron leads chips higher as sector shakes off Intel, AMD worries
Seeking Alpha News (Mon, 25-Mar 11:39 AM ET)
Applied Materials Increases Cash Dividend by 25 Percent
Globe Newswire (Mon, 11-Mar 7:30 AM ET)
3 Reasons Why this AMAT Bull Put Spread is a Good Opportunity for $1.95
Market Chameleon (Fri, 1-Mar 11:52 AM ET)
Applied Materials Expands Patterning Solutions Portfolio for Angstrom Era Chipmaking
Globe Newswire (Mon, 26-Feb 7:30 AM ET)
AMAT Bullish Calendar Call Spread with 139% Upside
Market Chameleon (Thu, 22-Feb 9:55 AM ET)
Applied Materials to Participate in the Morgan Stanley Technology, Media & Telecom Conference
Globe Newswire (Tue, 20-Feb 7:30 AM ET)
AMAT Bull Put Spread Appears to be Overvalued at $1.43
Market Chameleon (Fri, 16-Feb 12:40 PM ET)
Applied Materials Announces First Quarter 2024 Results
Globe Newswire (Thu, 15-Feb 4:01 PM ET)
Applied Materials Announces Supplier Excellence Awards
Globe Newswire (Tue, 6-Feb 7:30 AM ET)
Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
Applied Materials trades on the NASDAQ stock market under the symbol AMAT.
As of March 28, 2024, AMAT stock price declined to $206.23 with 5,092,710 million shares trading.
AMAT has a beta of 1.48, meaning it tends to be more sensitive to market movements. AMAT has a correlation of 0.26 to the broad based SPY ETF.
AMAT has a market cap of $171.60 billion. This is considered a Large Cap stock.
Last quarter Applied Materials reported $7 billion in Revenue and $2.13 earnings per share. This beat revenue expectation by $227 million and exceeded earnings estimates by $.22.
In the last 3 years, AMAT stock traded as high as $214.91 and as low as $71.12.
The top ETF exchange traded funds that AMAT belongs to (by Net Assets): VTI, VOO, QQQ, SPY, IVV.
AMAT has outperformed the market in the last year with a price return of +74.6% while the SPY ETF gained +33.6%. AMAT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +25.8% and +2.8%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
AMAT support price is $203.92 and resistance is $212.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMAT stock will trade within this expected range on the day.