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Applied Materials (AMAT) Shares Surge Over 2% on Nasdaq, Show Strong Short-Term Momentum

Santa Clara, CA / Market Update – Shares of semiconductor equipment leader Applied Materials, Inc. (Nasdaq: AMAT) experienced a notable rally in today’s trading, with the stock price reaching 165.22 USD. This marks an impressive gain of +3.29 USD, or +2.03%, as of 23:16 GMT+5:30.

This strong daily performance for AMAT shares builds upon positive short-term momentum. The stock has appreciated by +3.85% over the past five days and a significant +8.66% over the last month, indicating robust investor interest. The previous closing price for Applied Materials stock was 161.93 USD.

However, looking at a slightly broader timeframe, the performance of AMAT stock is somewhat mixed. Over the past six months, shares are down -4.07%, while the year-to-date figure shows a slight gain of +0.42%. The one-year return is currently -24.79%. Despite these medium-term fluctuations, Applied Materials has delivered substantial long-term value to investors, with a five-year gain of +176.60% and an extraordinary all-time performance of +298,350% (298.35 K%) on the Nasdaq Stock Market.

As a key supplier of equipment, services, and software for the manufacture of semiconductor chips for electronics, displays, and solar products, Applied Materials’ stock performance is a critical indicator for the global semiconductor industry. The AMAT chart for today showed a steady upward trend throughout the session.

Investors will continue to monitor global chip demand, technological advancements in semiconductor manufacturing, and Applied Materials’ financial results to assess the future direction of the AMAT share price.


Frequently Asked Questions (FAQ) about Applied Materials, Inc. (AMAT)

Q1: What is the current stock price of Applied Materials, Inc. (AMAT)?
A1: As of the latest update (23:16 GMT+5:30), the stock price of Applied Materials, Inc. (AMAT) was 165.22 USD.

Q2: How much did the Applied Materials, Inc. (AMAT) stock price change today?
A2: The AMAT stock price increased by 3.29 USD, which represents a gain of +2.03% for the day so far.

Q3: What is the stock ticker and exchange for Applied Materials, Inc.?
A3: The stock ticker for Applied Materials, Inc. is AMAT, and it is traded on the Nasdaq Stock Market.

Q4: What was the previous closing price for AMAT?
A4: The previous closing price for Applied Materials, Inc. (AMAT) was 161.93 USD.

Q5: How has Applied Materials, Inc. (AMAT) stock performed recently?
A5:

  • 1 day: +1.99% (as per summary box, reflecting performance since previous close)

  • 5 days: +3.85%

  • 1 month: +8.66%

  • 6 months: -4.07%

  • Year to date: +0.42%

Q6: What is the long-term performance of Applied Materials, Inc. (AMAT) stock?
A6:

  • 1 year: -24.79%

  • 5 years: +176.60%

  • All time: +298,350% (or +298.35 K%)

Q7: What kind of company is Applied Materials, Inc.?
A7: Applied Materials, Inc. is an American corporation that supplies equipment, services, and software for the manufacture of semiconductor (integrated circuit) chips for electronics, flat panel displays for computers, smartphones, and televisions, and solar products.

Q8: Where can I find more detailed charts and information for Applied Materials, Inc. (AMAT)?
A8: Detailed stock charts and financial information for Applied Materials, Inc. (AMAT) can typically be found on major financial news websites, brokerage platforms, and the Nasdaq Stock Market official website. The chart in the image is provided by TradingView.

Disclaimer: This article is for informational and educational purposes only and is based on the analysis of a single image. It should not be considered financial or investment advice. Trading stocks involves significant risk, and you should always conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions.

Akshat Gupta

I was a stock market content writer on Reuters and Marketwatch website, now I am giving you information about stock market in collaboration with DailyChhattisgarh
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