Applied Materials Inc. (NASDAQ:AMAT) traded today at a new 52-week high of $125.78. So far today approximately 1.2 million shares have been exchanged, as compared to an average 30-day volume of 9.5 million shares.
In the past 52 weeks, shares of Applied Materials Inc. have traded between a low of $37.92 and a high of $125.78 and is now at $123.66, which is 226% above that low price.
Applied Materials Inc. (NASDAQ:AMAT) is currently priced 9.7% above its average consensus analyst price target of $111.72.
Applied Materials is the world’s largest supplier of semiconductor manufacturing equipment, providing materials engineering solutions to help make nearly every chip in the world. The firm’s systems are used in nearly every major process step with the exception of lithography. Key tools include those for chemical and physical vapor deposition, etching, chemical mechanical polishing, wafer- and reticle-inspection, critical dimension measurement, and defect-inspection scanning electron microscopes.
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