- Barrons.com•20 hours ago
Some $35 billion may be spent this year by Intel, Samsung Electronics, Taiwan Semiconductor Manufacturing, and others to buy the tools they need to make the chips that go into your iPhone, your PC, your car, or what have you. This magazine recently opined in a cover story (“Faster, Smarter, Better: The Next Chip Revolution,” Oct. 22) that Applied is the one to buy. Its $10.8 billion in revenue makes it the largest equipment supplier to Intel (INTC) and the rest, and its products span all the steps of the chip manufacturing process.
Applied Materials (AMAT) is seeing solid earnings estimate revision and has a favorable Zacks rank, making it well positioned for future earnings growth
With the swearing in today of Donald J. Trump as U.S. President, Cowen & Co.’s chip analyst Timothy Arcuri takes the opportunity to gauge the likely impact on his covered companies, deeming chip equipment makers Lam Research (LRCX), Applied Materials (AMAT), and KLA-Tencor (KLAC), and wireless chip company Qorvo (QRVO), as likely beneficiaries of potential Trump policies. Losers, relatively speaking, could be chip makers Cavium (CAVM), Xilinx (XLNX), and also the world’s biggest company, and a big consumer of chips, Apple (AAPL), whose shares Arcuri also follows. With the help of beltway colleagues, Arcuri ran a screen against companies with a billion or more in market cap to see how they’d be affected by a number of things ranging from the proposed “border-adjustment tax,” or “BAT,” to lower statuary tax rates, to the potential for an all-out trade war with China.
AMAT : Summary for Applied Materials, Inc. - Yahoo Finance
Applied Materials, Inc. (AMAT)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
|Bid||33.75 x 200|
|Ask||33.85 x 1000|
|Day's Range||33.76 - 34.18|
|52 Week Range||15.44 - 34.18|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||21.97|
|Dividend & Yield||0.40 (1.19%)|
|1y Target Est||N/A|