Applied Materials, Inc. (AMAT) Reaffirms Its Forecast for High-End Chipmaking Tools; Cantor Fitzgerald Maintains Bullish Stance

Applied Materials, Inc. (NASDAQ:AMAT) is included in our list of the 11 Best Roth IRA Stocks to Invest in Now.

Applied Materials, Inc. (AMAT) Reaffirms Its Forecast for High-End Chipmaking Tools; Cantor Fitzgerald Maintains Bullish Stance

Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process.

On August 28, 2025, Applied Materials, Inc. (NASDAQ:AMAT) provided reassurance to investors that the U.S. government’s moves at chipmakers’ foundry units, including Intel, will not affect the company’s forecast for high-end chipmaking tools. While the company’s CFO stated the incentives may impact factory locations, they won’t expand overall demand. He stated:

“We don’t think anybody’s going to build extra fabs that don’t have designs.”

Furthermore, Applied Materials, Inc. (NASDAQ:AMAT)’s CFO mentioned that competition could reduce utilization rates slightly without affecting the five-year outlook. Meanwhile, on August 25, 2025, Cantor Fitzgerald reiterated its ‘Buy’ rating on the company with a $200 price target.

Applied Materials, Inc. (NASDAQ:AMAT) serves global chipmakers and the electronics industry by providing them with semiconductor manufacturing equipment, services, and display technologies. It is one of the Best Roth IRA Stocks.

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