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Applied Materials Inc. ($AMAT) Stock Forecast: Down 5.5% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Applied Materials Inc.?

Applied Materials, Inc. (AMAT) is a semiconductor company specializing in manufacturing equipment, services, and software for the semiconductor industry. Recently, the company's stock witnessed a significant downward trend.

Why is Applied Materials Inc. going down?

AMAT stock is down 5.5% on Jul 18, 2024 14:36

  • AMAT stock declined by 7% following speculations about potential export limitations to China under the Biden administration, along with geopolitical tensions escalated by remarks made by Donald Trump.
  • The overall dip in tech stocks and shifting market preferences also influenced the negative movement in AMAT shares.
  • Pessimism surrounding chip stocks like ASML, Nvidia, and TSMC further weighed on the performance of AMAT's stock.
  • The ambiguity regarding potential restrictions on exporting essential chipmaking equipment to China heightened investor unease, contributing to the considerable decrease in AMAT's stock value.

AMAT Price Chart

AMAT News

Is Applied Materials, Inc. (NASDAQ:AMAT) the Best AI Stock Right Now

We recently published a list of Analyst Says These 10 AI Stocks Have More Upside Potential. Since Applied Materials, Inc. (NASDAQ:AMAT) ranks 9th on the list, it deserves a deeper look. King Lip, BakerAvenue Wealth Management’s chief strategist, recently talked to CNBC about the latest decline in tech stocks and market rotation. Lip said that he’s […]

https://www.insidermonkey.com/blog/is-applied-materials-inc-nasdaqamat-the-best-ai-stock-right-now-1323430/

News Article Image Is Applied Materials, Inc. (NASDAQ:AMAT) the Best AI Stock Right Now

Trump and geopolitics drag down chip stocks: ASML, Nvidia, TSMC hit

The chips were down with the Biden administration getting tough and Republican presidential candidate Donald Trump talking tough. Global chip stocks fell sharply, with ASML, Nvidia and TSMC posting declines amid reports of tighter US export restrictions and Trump’s comments fuelling geopolitical tensions. ASML’s Netherlands-listed shares were down 11%, while Tokyo Electron shares in Japan closed nearly 7.5% lower. Arm, AMD, Marvell, Qualcomm and Broadcom were down more than 5% as of 11:50 a.m. Eastern Time (ET) on Wednesday (July 17). Nvidia was 8. 40% down on Nasdaq at 2.57 pm ET on Nasdaq. Clamping down on companies exporting to China The shares dropped after Bloomberg reported on Wednesday that the Biden administration was considering clamping down on companies exporting critical chipmaking equipment to China. Washington’s foreign direct product rule (FDPR) allows the U.S. to impose controls on foreign-made products if they use the slightest bit of American technology. This can affect non-U.S. companies.

https://theindependent.co/trump-and-geopolitics-drag-down-chip-stocks-asml-nvidia-tsmc-hit/

News Article Image Trump and geopolitics drag down chip stocks: ASML, Nvidia, TSMC hit

Prudent Investors Watching Risk To AI Stocks Like NVIDIA And AMD - Momo Monster Buying On Trump 2.0 - ASML Holding ( NASDAQ:ASML )

To gain an edge, this is what you need to know today. Please click here for an enlarged chart of ASML Holding NV ASML. This article is about the big picture, not an individual stock. The chart of ASML is being used to illustrate the point.

https://www.benzinga.com/news/small-cap/24/07/39820062/prudent-investors-watching-risk-to-ai-stocks-like-nvidia-and-amd-momo-monster-buying-on-trump-2-0

News Article Image Prudent Investors Watching Risk To AI Stocks Like NVIDIA And AMD - Momo Monster Buying On Trump 2.0 - ASML Holding  ( NASDAQ:ASML )

Why Applied Materials ( AMAT ) Stock Is Getting Hammered - Applied Mat ( NASDAQ:AMAT )

Applied Materials, Inc. AMAT shares are trading lower by 7% to $228.61 during Wednesday's session. Shares of several semiconductor stocks are trading lower amid reports President Biden is considering further China restrictions and following Republican nominee Donald Trump's comments regarding the ...

https://www.benzinga.com/news/24/07/39819145/why-applied-materials-amat-stock-is-getting-hammered

News Article Image Why Applied Materials  ( AMAT )  Stock Is Getting Hammered - Applied Mat  ( NASDAQ:AMAT )

Semiconductor Assembly Equipment Market to Reach $8,162.3 Mn by 2030 | Players AlsilMaterial, Applied Materials, ASML

Semiconductor Assembly Equipment Market Worldwide Industry Analysis to 2030 WILMINGTON, DELAWARE, UNITED STATES, July 17, 2024 /⁨EINPresswire.com⁩/ -- A report by Allied Market Research indicates that the global semiconductor assembly equipment …

https://semiconductors.einnews.com/pr_news/728308116/semiconductor-assembly-equipment-market-to-reach-8-162-3-mn-by-2030-players-alsilmaterial-applied-materials-asml

News Article Image Semiconductor Assembly Equipment Market to Reach $8,162.3 Mn by 2030 | Players AlsilMaterial, Applied Materials, ASML

Applied Materials Inc. Price History

18.06.2024 - AMAT Stock was down 5.5%

  • AMAT stock declined by 7% following speculations about potential export limitations to China under the Biden administration, along with geopolitical tensions escalated by remarks made by Donald Trump.
  • The overall dip in tech stocks and shifting market preferences also influenced the negative movement in AMAT shares.
  • Pessimism surrounding chip stocks like ASML, Nvidia, and TSMC further weighed on the performance of AMAT's stock.
  • The ambiguity regarding potential restrictions on exporting essential chipmaking equipment to China heightened investor unease, contributing to the considerable decrease in AMAT's stock value.

17.06.2024 - AMAT Stock was down 9.5%

  • AMAT stock plummeted by 7% to $228.61 as part of a broader decline in semiconductor stocks, triggered by reports of potential further China restrictions by President Biden and comments from Donald Trump.
  • The global tech sector, including semiconductor companies like AMAT, faced pressure as the Biden administration considers imposing severe restrictions on companies dealing with China, impacting stock prices negatively.
  • The market sentiment towards AMAT was also influenced by the overall tech sell-off, with various tech giants such as AAPL, NVDA, TSLA, AMD, and MSFT all experiencing declines, contributing to AMAT's bearish movement.
  • Despite the broader market challenges, AMAT's stock price closed slightly higher at $245.84, indicating some resilience amidst the overall downward trend in the semiconductor industry.

17.06.2024 - AMAT Stock was down 8.0%

  • AMAT stock plummeted by 7% to $228.61 as there were indications of potential China restrictions by President Biden, causing a negative impact on several semiconductor stocks.
  • The global tech stocks, including AMAT, tumbled further due to concerns over a fresh China chip trade crackdown, leading to a broader sell-off in the market.
  • Despite unusual bullish options activity, AMAT failed to sustain its recent gains, closing behind the market at $245.84.
  • The Semiconductor Assembly Equipment market is projected to grow significantly, but AMAT's stock price was not able to capitalize on this potential, possibly due to the prevailing market uncertainties surrounding China trade policies.

17.06.2024 - AMAT Stock was down 5.9%

  • AMAT stock experienced a bearish movement as global tech stocks tumbled due to concerns over a fresh China chip trade crackdown, impacting companies like ASML.
  • The unusual options activity on AMAT showed a mix of bullish and bearish sentiment among investors, indicating uncertainty in the market.
  • Despite a slight increase in stock price recently, AMAT fell behind the overall market performance, reflecting the challenges faced by the company in a volatile tech environment.
  • The stock's performance needs to be closely monitored as it navigates through industry-specific challenges and broader market trends impacting semiconductor companies.

11.06.2024 - AMAT Stock was down 5.0%

  • Unusual options activity showing a bearish stance on AMAT might have influenced investor sentiment and contributed to the bearish movement.
  • Despite surpassing market returns recently, the negative options activity could have outweighed this positive performance.
  • The overall positive sentiment in the tech sector, including gains in other semiconductor stocks like Micron Technology, did not seem to positively impact AMAT's performance.
  • Highlighting underpriced semiconductor stocks may have diverted investor attention away from AMAT, leading to the bearish movement despite the positive industry outlook.

11.06.2024 - AMAT Stock was down 5.0%

  • The bearish movement in AMAT today could be attributed to the recent unusual options activity indicating a bearish stance taken by investors with significant capital.
  • Recent discussions about undervalued semiconductor stocks may have diverted attention away from AMAT, causing a decrease in demand for its shares.
  • The focus on undervalued semiconductor stocks suggests that investors might be looking for more lucrative opportunities, leading them to sell off AMAT shares.
  • The overall sentiment in the semiconductor industry, with investors seeking hidden gems in the market, might have contributed to the downward pressure on AMAT's stock price.

05.05.2024 - AMAT Stock was up 6.2%

  • Upgrades from financial analysts led to increased investor confidence in Applied Materials and KLA Corp.
  • Positive investor sentiment was reflected in bullish options trends for Applied Materials.
  • Speculation on Applied Materials' potential earnings growth, especially in artificial intelligence, attracted more investors.
  • Dell's stock decline, related to AI server backlog issues, may have prompted investors to consider alternatives like Applied Materials in the semiconductor sector.

05.05.2024 - AMAT Stock was up 5.2%

  • Investors with substantial capital have taken a bullish stance on AMAT, as evidenced by the options history.
  • Anticipated substantial earnings growth, notably in the AI sector, is likely contributing to investor optimism.
  • The bullish movement in AMAT might have been further boosted by a competitor's underperformance in the AI server business, potentially redirecting investor interest towards AMAT's promising prospects in the semiconductor industry.

31.04.2024 - AMAT Stock was down 2.0%

  • The bearish movement in AMAT's stock today could be attributed to the surge in bearish options activity by high-rolling investors.
  • Dell's AI server backlog missing expectations may have negatively impacted the semiconductor industry sentiment, leading to a broader sell-off in related stocks like AMAT.
  • The insider sale of 20,000 shares by AMAT's CFO could have also contributed to the downward pressure on the stock as it may signal lack of confidence or future concerns.
  • Overall, the combination of negative industry sentiment due to Dell's performance and the increase in bearish options activity on AMAT could have driven the bearish movement in the stock today.

17.03.2024 - AMAT Stock was down 5.1%

  • The bearish movement in AMAT stock today could be attributed to the broader market sentiment and concerns about inflation and interest rate cuts.
  • The positive news surrounding Alphabet's efforts to boost YouTube and Garmin's expansion in Europe may have diverted investor attention away from semiconductor stocks like AMAT.
  • Powell's comments on the semiconductor industry, without admitting fault, might have created uncertainty and led to a sell-off in semiconductor-related stocks like AMAT.
  • The focus on inflation-proof stocks in market updates could have shifted investor preferences away from semiconductor stocks, impacting AMAT's performance negatively.

17.03.2024 - AMAT Stock was down 5.1%

  • The bearish movement in AMAT might be due to profit-taking by investors following a period of bullish momentum.
  • The hot CPI data and inflation concerns could have prompted investors to look at more inflation-proof stocks, impacting AMAT's performance negatively.
  • Uncertainty over interest rate cuts and adjustments in investor expectations may have also influenced the bearish sentiment towards AMAT.
  • The bullish activity of large investors on AMAT, as seen in options trading, suggests a potential stock recovery in the near future, despite the current bearish trend.

17.03.2024 - AMAT Stock was down 5.1%

  • Investor profit-taking following a period of optimism may have contributed to AMAT's decline.
  • Expectations of positive surprises from other companies during earnings season could have diverted attention from AMAT, resulting in a stock price drop.
  • Concerns about high CPI data and the appeal of inflation-resistant stocks might have driven some investors to adjust their investment portfolios, impacting AMAT negatively.
  • Recent increases in bullish options activity on AMAT may have been a temporary trend, triggering a correction in the stock price today.

04.03.2024 - AMAT Stock was down 2.2%

  • The bearish movement in AMAT's stock price could be attributed to the overall market uncertainty.
  • Despite the potential benefits from the AI market, the stock might have been affected by broader market trends impacting investor sentiment.
  • The unusual options activity, with a split between bullish and bearish traders, could have added to the volatility in AMAT's stock price.
  • The decline in AMAT's stock price, outpacing the general market decline, might have raised concerns among investors, leading to a sell-off.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.