Applied Materials Inc
What Pushed Applied Materials’ Services Revenue So High?
Applied Materials provides services that help manufacturers maintain and optimize equipment. AMAT reports earnings from these services in its AGS segment.
What Are Analysts Saying about iPhone 7 Demand?
Many analysts aren’t very optimistic about the iPhone 7 demand. Apple is facing technology stagnation in the smartphone market, which has led to longer upgrade cycles.
MU Belongs in the Top 5 Semiconductor Stocks, and Here’s Why
The stocks that have the largest market capitalization or market cap generally trade in large volumes but may not be the highest-traded stocks.
Micron Stock Fell Due to Temporary Sales Ban in China
The semiconductors industry is cautious amid rising trade tensions between the US and China.
Semiconductor Earnings Watch: TER and LRCX
This week, semiconductor equipment suppliers Teradyne Inc. (TER) and Lam Research (LRCX) will report their quarterly earnings.
Can Applied Materials Maintain High Efficiency Ratios in 2019?
In fiscal 2018, AMAT’s revenue rose 19% YoY to $17.25 billion, while its non-GAAP (generally accepted accounting principle) net income rose 29.6% YoY to $4.57 billion.
George Davis Is Intel’s New CFO
Intel announced the appointment of Qualcomm CFO George Davis as its new CFO. Two months ago, Intel’s CFO Bob Swan became the CEO.
Why Glenview Capital adds new stake in Applied Materials
Applied Materials Inc. provides manufacturing equipment, services, and software to the global semiconductor, flat panel display, solar photovoltaic (or PV), and related industries.
Semiconductor Stocks Fall as US-China Trade War Intensifies
Escalating US-China trade tensions have seen semiconductor stocks fall significantly on July 11.
Operating Efficiency Drives Applied Materials’ Profitability
In the March quarter, AMAT had an operating expense ratio of 16.6%, which was the lowest operating expense ratio AMAT has ever achieved.
What Price Ratios Say about Applied Materials’ Stock Valuation
On May 9, AMAT had a forward PE ratio of 12.0x, which is lower than KLAC’s ratio of 13.7x but higher than LRCX’s ratio of ~11.4x.
Five Things to Look for in Micron’s Upcoming Results
Micron Technology (MU) stock is in the spotlight this week, as the company is set to release its fiscal 2019 fourth-quarter results on Thursday after markets close.
AMAT Feels the Impact of the Shift from Mobile Era to AI Era
The guidance from Apple (AAPL) and its foundry partner TSMC (TSM) show that smartphone demand should pick up in the second half of 2018.
Applied Materials’s position in the semiconductor space
AMAT earns approximately 30% of its revenue from Taiwan, a share that has consistently risen in recent years.
Why AMAT’s Weak Guidance Alarmed Semiconductor Investors
Applied Materials’ (AMAT) performance is an indicator of the overall semiconductor industry’s outlook.
The Impact of US–China Trade Tensions on Applied Materials Stock
Applied Materials (AMAT) earned 21% of its 2016 revenues and 19% of its 2017 revenues from China. Any major shift in this market could hurt AMAT.
Is the Growth Cycle for Applied Materials Here to Stay?
Trade war jitters between the US and China sent Applied Materials stock to $55.40 on March 23 from its 52-week high of $62.40 on March 12.
AMAT’s Weak Fiscal Q4 2018 Guidance Makes Investors Cautious
Applied Materials, the world’s largest chip manufacturing equipment vendor, reported strong fiscal Q3 2018 earnings but lowered its fiscal Q4 2018 guidance.
Reduced Memory Spending to Hit Earnings of AMAT, KLAC, and LRCX
The semiconductor industry is going through a downturn, but many companies expect growth to resume in the second half of 2019.
Applied Materials Stock Rallies on Optimism about H2 2019
In this series, we’ll see what investors should expect from Applied Materials’ upcoming earnings.
Why Is Lockheed Martin Investing in IQ-Analog?
Lockheed Martin (LMT) recently disclosed buying a stake in chipmaker IQ-Analog. IQ-Analog develops chips capable of relaying data at very high speeds.
Does AMAT Stock Deliver Better Returns than Its Peers?
AMAT increased its stock buyback authorization by $6.0 billion, doubled its dividend per share, and is working to improve its profits to improve its ROE.
Why Semiconductor Stocks Fell on April 9
The tech-heavy NASDAQ Composite Index fell 0.37% in the early trading session on April 9 driven by declines in semiconductor stocks.
Applied Materials: In the Middle of a Growth Cycle
In this series, we’ll see how the strong demand environment in the SME market could impact Applied Materials’ (AMAT) fiscal 3Q17 earnings. AMAT plans to release its earnings on August 17, 2017.
What TSMC’s Reduced Capital Spending Means for Applied Materials
Being the world’s largest foundry, TSMC is a key customer of foundry equipment suppliers Applied Materials (AMAT) and ASML (ASML).
NetApp’s Key Driver: Clustered Data ONTAP
In 2013, NetApp (NTAP) introduced its own scale-out storage solution, Clustered Data ONTAP.
What’s behind Semiconductor Stocks’ Rise?
Most semiconductors stocks had risen more than 2% as of midday today, with several factors having raised investors’ optimism about the sector’s growth.
Understanding Applied Materials’ Stock Price Movement
Because Applied Materials (AMAT) is positioned at the beginning of the supply chain, its stock is among the first to be impacted by any industry-wide news.
Finding the Stable Source of Applied Materials’ Revenue Stream
Among Applied Materials’ four business segments, Services is the only segment where the operating margin showed growth.
Chip Stocks Fall on Fears of a Two-Year Growth Trend Slowdown
NVIDIA and Applied Materials published their latest earnings results on August 16. Their weaker guidances have spooked investors.
Why AMAT Stock Rose 5% despite Weak Q2 Results
Applied Materials (NASDAQ:AMAT) stock gained around 5% in after-hours trading on Thursday following its second-quarter results.
What Can Investors Expect from Applied Materials’ Q2 Earnings?
Applied Materials (NASDAQ:AMAT) stock fell 3.1% on Tuesday and closed at $52.33. The stock was trading 24.6% below its 52-week high of $69.44.
AMD Stock Started 2020 with a Bang: Will It Continue?
Advanced Micro Devices (AMD) stock started 2020 on a high note. The stock rose by 7.06% on Thursday and touched a 52-week high of $49.25.
Why 3D NAND should drive Applied Materials’s growth
The market share for 3D NAND is expected to reach 20% in 2015, and this technology is expected to account for the majority of total flash shipments by 2017.
What Tokyo Electron acquisition means for Applied Materials
Applied Materials’s merger with Tokyo Electron is expected to provide Eteris with a 25% market share in the chip manufacturing equipment market.
AMAT’s Q1 Revenue Outlook Surprises Investors
Applied Materials (AMAT) posted a fiscal 2019 fourth-quarter revenue beat and a strong fiscal 2020 first-quarter outlook yesterday.
D. E. Shaw initiates a new position in Ally Financial
D. E. Shaw initiated a new position in Ally Financial that accounts for 0.13% of the company’s U.S. long portfolio. Ally Financial is an automotive financial services company with ~95 years of experience.
Micron Slumps 11% after Q4 Earnings, Analysts Upbeat
Micron (MU) stock dipped 11% after its Q4 of fiscal 2019 earnings. This slump occurred after the stock rallied about 20% in September on analysts’ optimism.
Micron: Q4 Earnings Send Semiconductor Stocks Lower
Micron shares fell more than 9% in early market trading today. The stock is trading at $44.09, which is 14% below its 52-week high.
Micron Stock Fell on Disappointing Guidance
Micron Technology reported upbeat fourth-quarter fiscal 2019 results on September 26 after the market closed. Micron stock fell 1.76% to $48.60 on the day.
Can Investors Expect a ‘Black Monday’ Tomorrow?
Tech and semiconductor stocks have significant exposure to China during this trade war. Investors should expect these stocks to trade lower on Monday.
Markets in the Red Today, Trade War Escalates
The trade war between the US and China has escalated again. As expected, technology stocks were hit the worst in early market trading today.
AMAT Stock Fell More than 4% after Q3 Results
Applied Materials (AMAT) shares have fallen more than 4% on Friday. The company announced its third-quarter results after the market closed on Thursday.
Economist Warns of Cold Tech War
The trade war between China and the United States continues to impact markets.
Yet Another Analyst Cautions about Tech Slowdown
AB Bernstein analyst Tony Sacconaghi has warned investors to stay away from tech stocks with high valuations.
Tech Stocks Drove the Nasdaq to New Heights Today
Tech stocks are driving today’s stock market rally. As of 3:52 PM ET, the tech-heavy the Nasdaq Composite Index is up 0.81%, driven by a surge in tech stocks.
Goldman Sachs Turns Bullish on Semiconductor Stocks
The US markets are up today as Wall Street braces for a busy earnings week. The S&P 500 ETF is up 0.3%, and semiconductor stocks lead the market’s gains.
Powell’s Testimony Drives US Stock Market to All-Time High
This morning, US index futures surged after Federal Reserve Chair Jerome Powell’s testimony raised the possibility of a near-term cut in interest rates.
Chip Equipment Suppliers’ Stocks Rise despite Micron’s Capex Cut
On June 25, Micron Technology (MU) reported better-than-expected earnings results for the third quarter of fiscal 2019, which sent the stock up 13.3% a day after its earnings release.
AMAT’s Global Services Revenue Rises Even in a Downturn
Applied Materials has noted that the semiconductor industry is transitioning to a new era of AI.
Why Chip Stocks Continue to Surge
Stock markets were choppy on March 20, after the Fed’s dovish comments worried investors about an economic slowdown.
What Made Memory Stocks the Top Gains of the S&P 500 Index?
Micron Technology (MU) and Western Digital (WDC) stocks were among the top five gainers of the S&P 500 Index on March 21 in the first half of the trading session.
Applied Materials’ Q2 Guidance Signals Semiconductor Weakness
On February 14, in after-hours trading, Applied Materials stock fell 2% as its fiscal 2019 second-quarter guidance missed estimates.
A Look at Applied Materials’ Stock Returns and Valuations
Semiconductor (SMH) company Applied Materials (AMAT) has been on a bull run between September 2015 and March 2018.
Cree Stock Fell 5% on September 17
Cree (CREE), the maker of lighting-class LED (light-emitting diode) and semiconductor products, fell 5.2% on September 17.
What’s Applied Materials’ Strategy to Tap the AI Trend?
Applied Materials (AMAT), KLA-Tencor (KLAC), and Lam Research (LRCX) are witnessing strong growth in the memory and logic segments.
China: One of Applied Materials’ Key Revenue Drivers
Applied Materials (AMAT) supplies SME (semiconductor manufacturing equipment) to chip makers all over the world.
How Tax Reform Could Impact Semiconductor Companies
There could be a favorable business environment for the US semiconductor industry in 2018 in the wake of tax reform at the end of 2017.
Territorial Tax System: Important for US Semiconductor Companies?
The semiconductor industry welcomed the Tax Cuts and Jobs Act that President Trump signed into law on December 22, 2017.
Why Qualcomm Could Exit the List of Top 5 Cash-Rich Semi Companies
In calendar 3Q17, Qualcomm (QCOM) was the richest semiconductor company in terms of cash, with net cash of $17.9 billion.
What Made Intel the Most-Traded Semi Stock This Year?
Most large-cap stocks have high trading volumes, but it’s not necessary that all highly traded stocks are large-cap stocks.
Why AMD and Intel Are in the Top 5 Most Volatile Semi Stocks
Short-term investors and traders are interested in highly volatile stocks as they look to profit from strong price movements through options trading.
The Top 5 Cash-Rich Semiconductor Stocks Today
In calendar 2Q17, TSMC (TSM) was the richest semiconductor company in terms of cash, with net cash of $18.5 billion.
Understanding the Role of AMAT, LRCX, and KLAC in Semiconductor Growth
According to SEMI’s estimates, the global semiconductor market is expected to grow at a CAGR (compound annual growth rate) of 6.7% between 2015 and 2025.
What AMAT’s Price Ratios Say about Its Valuation
On August 7, 2017, AMAT had a PS ratio of ~3.7x.
Could the OLED Display Act as AMAT’s Revenue Catalyst in the Future?
AMAT expects demand for OLED displays to remain high for the coming few years as the market faces a supply shortage.
Is AMAT Losing Market Share to Lam Research and KLA-Tencor?
The emergence of the IoT (Internet of Things), self-driving cars, AR/VR (augmented/virtual reality), and AI (artificial intelligence) is driving demand for logic and memory chips.
What AMAT’s Sequential Revenue Growth Indicates
Applied Materials (AMAT) witnessed strong 45% year-over-year growth in 1Q17 while the overall SME market witnessed growth of 110% YoY.
Could AMAT Achieve New Revenue Milestones in Fiscal 2017?
Applied Materials’ revenues rose 45% year-over-year to $3.5 billion in fiscal 2Q17, as its foundry and display equipment sales rose in triple digits.
What Lies Ahead for Applied Materials’ Display Segment
Applied Materials’ Display segment Earlier in this series, we saw that Applied Materials’ (AMAT) two core business segments, Semiconductor Systems and Applied Global Services, saw strong fiscal 2Q17 earnings as foundries and memory makers are transitioning to advanced manufacturing technologies. Amid strong growth, the Display segment, which accounts for 11% of the company’s revenue, witnessed a […]
Applied Global Services Stabilizes Applied Materials’ Earnings
Applied Materials’ Applied Global Services segment Applied Materials’ (AMAT) Semiconductor Systems segment has seen strong growth as chipmakers transition to new material-intensive 3D NAND technology and 10-nm (nanometer) and 8-nm process nodes. The chipmakers may take some time to ramp up new technology and improve yield rates. Applied Materials’ AGS (Applied Global Services) team works in sync with […]
What Drives Applied Materials’ Semiconductor Systems Earnings?
Factors driving demand for semiconductor systems Applied Materials (AMAT) is witnessing high growth as the semiconductor industry undergoes a multiyear inflection. Applied Materials chief financial officer Robert Halliday stated that the semiconductor industry is becoming larger and more diverse as the emergence of the IoT (Internet of Things), cloud data centers, AR/VR (augmented/virtual reality), and […]
A Look at Applied Materials’ Key Growth Markets in Fiscal 2017
Applied Materials’ key growth markets In the previous part of this series, we saw that Applied Materials’ (AMAT) fiscal 2Q17 revenue rose sequentially due to strong demand from memory customers. It grew YoY (year-over-year) due to strong demand from foundry and display customers. As major foundries are located in Taiwan and South Korea (EWY), the company’s […]
What Pushed Applied Materials’ Stock Price to a 17-Year High
Applied Materials (AMAT) stock has risen 86% over the past 12 months to the 17-year high of $44. In this series, we’ll look at the factors driving Applied Materials’ fiscal 2017 earnings.
Is AMAT’s Revenue Growth Cyclical or Seasonal?
Applied Materials (AMAT) is in the midst of a major technology transition that is changing the industrial factors that affect its revenue.
Is LCD Still a Growth Driver for AMAT’s Display Revenue?
In 2016, Applied Materials’ (AMAT) display revenue rose 28% YoY (year-over-year) to $1.2 billion, whereas new orders rose 160% YoY to $2.2 billion.
How ASML’s EUV Technology Could Threaten AMAT’s Foundry Business
ASML is seeing strong demand for its EUV technology and the strong demand was reflected in its latest fiscal 4Q16 earnings.
These Factors Could Improve AMAT’s Profitability in 2017
For fiscal 1Q17, AMAT expects its non-GAAP (generally accepted accounting principles) gross margin to rise 43.8% from 43.7% in fiscal 4Q16.
Applied Materials Is at the Peak of Its Revenue Cycle
Intel (INTC), TSMC (TSM), Samsung (SSNLF), and Micron (MU) accounted for 51% of AMAT’s revenue in 2016.
Will Trump’s Policies Be Good or Bad for AMAT?
According to 2015 trade statistics, of the $482 billion in US exports to China, 28% was for electrical machinery.
Trump’s Impending Presidency Brings Chills to Tech Stocks
The outcome of the 2016 US Presidential election has not been welcomed by the global technology sector.
How Will Donald Trump’s Victory Impact AMAT?
AMAT is the world’s largest manufacturer of SME (semiconductor manufacturing equipment) and supplies to chipmakers around the world.
How Will Virtual Reality and Autonomous Cars Affect AMAT?
The share of logic in AMAT’s Semiconductor Systems’ revenue has been falling from 29% in 2012 to an estimated 16% in 2016.
Semiconductor Systems to Fuel AMAT’s Future Growth
Over the past five years, AMAT’s product mix has shifted from logic to memory.
What AMAT’s Mid-Term Guidance Says about Semiconductor Industry
Many semiconductor companies like Intel (INTC), Micron Technology (MU), and TSMC (TSM) have reported seasonal growth in their recent quarterly results.
Why Applied Materials Revised Its Wafer Fab Spending Outlook
Applied Materials’ guidance for fiscal 4Q16 reflects the semiconductor industry’s health. It expects its 2016 wafer spending to show single-digit growth.
Applied Materials’ Efforts in OLED Are Finally Materializing
Growth in AMAT’s Display segment was slow initially, but then it shot up in fiscal 2Q16 with the adoption of OLED by smartphone makers Samsung and Apple.
These Countries Are Applied Materials’ Key Drivers of Future Growth
In fiscal 3Q16, Taiwan and China accounted for 57% of Applied Materials’ orders and 46% of sales. Korea accounted for 19% of new orders and 17% of sales.
How Much Are Production Cycles Impacting Applied Materials’ Earnings?
Applied Materials’ earnings will likely increase in 2016 as the overall semiconductor industry transitions to new technology.
Which External Factors Are Influencing AMAT’s Growth?
Earlier, we saw that Applied Materials (AMAT) had reported strong growth in orders in the Memory, Foundry, and Display segments in fiscal 2Q16.
Applied Materials Set to Tap Fresh Growth in Display Products
In the previous part of the series, we saw that Applied Materials (AMAT) had received new orders from flash memory makers and foundries in fiscal 2Q16.
How Will a Devalued GBP Impact Britain’s Semiconductor Industry?
A US strong dollar would discourage British companies such as Dialog Semiconductor from acquiring US semiconductor companies.
Britain Contributes Little to the Global Semiconductor Industry
Europe accounted for only 10% of global semiconductor sales in April 2016, according to World Semiconductor Trade Statistics.
Which Factors Would Drive Applied Materials’ Fiscal 3Q16 Earnings?
For fiscal 3Q16, AMAT expects to report revenue in the range of $2.79 billion–$2.89 billion, up 14% to 18% YoY and higher than analyst estimates.
TSMC Has Accelerated Advanced Technology Development
TSMC is currently ramping up production of its 16nm technology. It expects to complete it by the end of fiscal 2Q16.
AMAT’s Fiscal 2Q16 Guidance Topped Analysts’ Estimates
Applied Materials (AMAT) reported declining revenues in fiscal 1Q16, but it has an optimistic outlook for fiscal 2Q16.
Your Introductory Rundown of the Parnassus Asia Fund (PAFSX)
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An Overview of FEX’s Alpha Holdings
FEX currently manages a total portfolio of $1.76 billion distributed primarily over the financial, consumer discretionary, and industrials sectors.
Applied Materials Is Open to Merger Opportunities
Applied Materials is still open to a merger. Applied Materials’ CEO, Gary Dickerson, clarified that he will be selective in the merger opportunities.
What Are Applied Materials’ Future Growth Prospects?
Applied Materials is a dominant player in the chip equipment market. It holds a strong position in both the foundry and memory segments.