Applied Materials (AMAT) Stock: Sinks 8% Despite Strong AI Chip Demand

TLDR Applied Materials (AMAT) stock plunges 8.19% despite strong demand for AI chips. Applied Materials targets over two percentage points of market share gains by 2030. Applied Materials expects its eBeam equipment revenue to reach $2 billion in 2026. Applied Materials projects semiconductor service revenue above $12 billion by 2030. Applied Materials plans to more [...]

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