Applied Materials (AMAT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Applied Materials has gotten torched over the last six months - since July 2024, its stock price has dropped 31.4% to $168.57 per share. This might have investors contemplating their next move.

Both Applied Materials and ASML supply critical equipment for AI microchip manufacturing. Applied Materials enjoyed five straight years of rising revenue but faces headwinds now. Despite ASML's ...