Applied Materials, Inc.

• AMAT Stock Price 24h change: -0.77%. From 307.24 USD to 304.87 USD.
The stock closed slightly lower on January 13, 2026, despite a broad rally in chipmakers, as it digested recent gains following a surge to an all-time high of 307.24 earlier in the week.• Technical indicators for AMAT signal a "Strong Buy" with a bullish long-term trend; the RSI stands at 70.85 (approaching overbought), and the stock is trading well above its 50-day ($256.53) and 200-day ($215.45) moving averages.• BofA Securities raised its price target for Applied Materials to $350 from $300 on January 13, maintaining a "Buy" rating based on positive outlooks for AI-driven equipment demand.
• Stifel adjusted its price target for AMAT to $340 from $250 on January 14, citing the company's strong position in the AI infrastructure build-out.
• Reports indicate China is now requiring local chipmakers to use at least 50% domestic equipment, potentially creating long-term headwinds for Western suppliers like Applied Materials.• The Trump administration greenlighted the export of Nvidia’s H200 AI chips to China on January 14, 2026, subject to new security reviews and domestic supply requirements.
• The PHLX Semiconductor Index (SOX) hit record highs on January 12 as a structural breakout began, fueled by Intel's manufacturing roadmap validation and the "Rubin" AI era.

• AMAT Stock Price 24h change: +2.01%. From 301.18 USD to 307.24 USD. The stock rose amid a broader rally in chipmakers and positive analyst sentiment regarding AI-driven demand.
• Technically, AMAT is in a "Strong Buy" phase with the price above major moving averages (MA50: $288.77, MA200: $268.80). RSI (14) at 71.38 indicates overbought territory but reflects strong momentum; MACD remains bullish, signaling a robust uptrend despite potential short-term volatility.
• Susquehanna upgraded Applied Materials to "Positive" from "Neutral" on January 12, 2026, significantly raising the price target from $180 to $400 citing strong channel checks.
• Bank of America raised its price objective for AMAT to $350 from $300 on January 13, 2026, maintaining a "Buy" rating based on the company's leading position in semiconductor manufacturing equipment.
• Recent data revealed AMAT's NAND/flash memory sales nearly doubled in fiscal 2025, reaching $1.41 billion, driven by industry shifts to higher-density 3D NAND and AI infrastructure needs.
• TSMC is set to report Q4 earnings on January 15, 2026, with analysts expecting record results driven by AI demand, which has buoyed the entire semiconductor equipment sector.
• The semiconductor sector experienced a "Great Rotation" in early January, where investors took profits from high-flying tech names to move into value sectors, though AI-specific equipment demand remains a core stabilizer.