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Applied Materials, Inc. engages in provision of materials engineering solutions used to produce semiconductors. The firm also focuses on design, development, production, and servicing of the critical wafer fabrication tools used for customers to manufacture semiconductors. It operates through the following segments: Semiconductor Systems and Applied Global Services (AGS). The Semiconductor Systems segment includes designing, development, manufacturing and sale of equipment used to fabricate semiconductor chips referred to as integrated circuits. The AGS segment engages in provision of…

Andra AP fonden cut its stake in Applied Materials, Inc. (NASDAQ: AMAT) by 69.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 93,889 shares of the manufacturing equipment provider's stock after selling 217,611 shares during the period. Andra

Applied Materials (AMAT) closed at $524.09 in the latest trading session, marking a -1.05% move from the prior day.
The Zacks Electronics - Semiconductors industry players like AMAT, LRCX and FORM gain from the growing proliferation of AI that is driving sustained demand for advanced semiconductors.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Cantillon Capital Management LLC trimmed its position in Applied Materials, Inc. (NASDAQ: AMAT) by 48.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,521,843 shares of the manufacturing equipment provider's stock after selling 1,451,818 shares during the quarter. Applied Materials accounts