Chip Stock InvestorPublished 2026-08-17
“AMAT August 2026: $10B Quarter, China Back in Growth & Why We're Still Long”
$AMATBullish
AMAT is a long-term hold for AI infrastructure exposure; current valuation implies ~24% EPS CAGR over 5 years.
Let's do a review of Applied Materials, the ticker AMAT. Applied Materials being the second largest by revenue behind ASML. After putting up some really solid returns early on in the AI and semiconductor bull market in 2023 and 2024, Applied went cold for a good chunk of the end of 2024 through 2025.