Applied Materials Is Silently Powering the AI Boom. Here's Why.
Key takeaways
- Applied Materials doesn't make chips, but it designs vital equipment that chipmakers use to create their chips.
- In short, Applied Materials is an enabler of chipmakers, but that's not the only thing you need to know when deciding if the stock is a good buying opportunity.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Marc Guberti, The Motley Fool Thu, July 2, 2026 at 10:36 PM GMT+7 3 min read AMAT NVDA MU Nvidia and Micron Technology have drawn significant investor attention as they power AI infrastructure, but savvy investors may also want to turn some of that attention to Applied Materials (NASDAQ: AMAT). Applied Materials doesn't make chips, but it designs vital equipment that chipmakers use to create their chips.
In short, Applied Materials is an enabler of chipmakers, but that's not the only thing you need to know when deciding if the stock is a good buying opportunity.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »