NasdaqGS:AMATSemiconductor
Applied Materials Faces Rich Valuation As AI Fab Spending Accelerates
Semiconductor capital spending is surging as chipmakers commit more funds to wafer fab equipment for AI and advanced process nodes.
Applied Materials (NasdaqGS:AMAT) is positioned as a key supplier of tools used in Gate-All-Around transistors and Backside Power Delivery technologies.
Industry commentary points to a structural shift in global chip manufacturing investment that goes beyond routine quarterly spending cycles.
Applied Materials, listed on NasdaqGS:AMAT, supplies equipment and...