Market Overview

Why Applied Materials Is Trading Higher Today

Share:
Why Applied Materials Is Trading Higher Today

Applied Materials (NASDAQ: AMAT) shares are trading higher today.

The shares of semiconductor companies are trading higher amid a rebound in tech names and after Nvidia announced the $40 billion acquisition of chipmaker Arm Holdings.

Applied Materials is one of the world's largest suppliers of semiconductor manufacturing equipment, providing materials engineering solutions to help make nearly every chip in the world. The firm's systems are used in nearly every major process step with the exception of lithography.

Applied Materials shares were trading up 2.94% at $56.62 during the time of publication Monday. The stock has a 52-week high of $26.98 and a 52-week low of $15.76.

 

Related Articles (AMAT)

View Comments and Join the Discussion!

Posted-In: why it's movingNews

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com