AMAT Stock Looking At A High Growth Phase
Applied Materials, Inc. (NASDAQ:AMAT) reported fiscal first-quarter results Wednesday and the upbeat results proved once again that the upward march of AMAT stock is not going to stop any time soon. The business growth would be lifted by strong tailwinds in areas like the Internet of Things (IoT), cloud computing, and autonomous driving, thereby providing a lot of room for Applied Materials stock to grow.
The leading semiconductor equipment maker delivered record earnings per share with adjusted EPS.
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