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Applied Materials, Inc. (AMAT) Enhances Manufacturing Capabilities to Capitalize on AI Demand

Applied Materials (NASDAQ:AMAT) is one of the debt free halal stocks to buy. On March 2 at the Morgan Stanley Technology, Media & Telecom Conference 2026, Applied Materials (NASDAQ:AMAT) reiterated it is positioned for growth driven by AI demand. It is also focused on increasing margins through cost management and value-added solutions.

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The company has already started scaling operations as it strives to meet increasing demand for semiconductor equipment in the AI-driven sector. According to Dr. Prabhu Raja, President of the Semiconductor Products Group, the company boasts of enhanced planning and manufacturing capabilities that position it for growth.

Applied Materials is leveraging its enhanced manufacturing capabilities to capitalize on strong demand for semiconductor equipment. It has started tracking over 100 fabs in various development Stages. The company is a market leader in foundry-logic DRAM and advanced packaging. It also controls a significant market share in non-litho patterning at about 50%.

It has also started ramping up investments in EPIC aimed at accelerating innovation while commercializing partnerships with universities and manufacturers. Consequently, more than 20% shipment growth is expected this year, the highest since 2021.

Applied Materials (NASDAQ:AMAT) is a global leader in materials engineering solutions, providing the essential equipment, services, and software used to manufacture semiconductor chips, advanced displays, and related technologies. It enables the production of smaller, faster, and more efficient electronics by applying atomic-level precision to deposit, shape, and analyze materials on semiconductor wafers.

While we acknowledge the risk and potential of AMAT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMAT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 12 Best Consumer Goods Stocks Billionaires Are Quietly Buying and Goldman Sachs Penny Stocks: Top 12 Stock Picks.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

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