Applied Materials shares are trading higher amid a rebound in chip stocks.
Portfolio Pulse from Benzinga Newsdesk
Applied Materials shares are trading higher amid a rebound in chip stocks.
August 07, 2023 | 4:15 pm
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POSITIVE IMPACT
Applied Materials shares are trading higher due to a rebound in chip stocks.
Applied Materials, being a major player in the semiconductor industry, is directly affected by the overall performance of chip stocks. The current rebound in chip stocks is driving the price of AMAT shares higher.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100