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Applied Materials (AMAT) Stock Jumps 8% as CEO Signals Multi-Year Chip Demand
By Trader Edge at 2026-07-09 11:33
Sentiment: Negative
TLDR AMAT stock jumped ~8% Thursday after CEO Gary Dickerson told Nikkei Asia that chipmakers are sharing demand forecasts extending to 2030 TD Cowen raised its AMAT price target by 33% to $700; Mizuho lifted its target to $650 Q2 2026 revenue hit a record $7.91 billion, up 20% year-over-year, with EPS of $2.86 beating [...] The post Applied Materials (AMAT) Stock Jumps 8% as CEO Signals Multi-Year Chip Demand appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central