Stock Track | Applied Materials Soars on Strong AI Outlook and Robust Q3 Results
Shares of Applied Materials Inc. surged by 5.06% on Wednesday, September 19, 2024, driven by the company's strong positioning in the AI industry and its robust financial performance in the third quarter of fiscal 2024.According to a report by Goldman Sachs, Applied Materials ranks among the top buzzing AI stocks, reflecting its crucial role in providing equipment, services, and software for the semiconductor industry, which is essential for the development of AI technologies. The rise of AI, In