Applied Materials Is Silently Powering the AI Boom. Here's Why.
Applied Materials works with the largest companies that are fueling AI expansion.
Overview
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.
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Originally published at www.fool.com.
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