Applied Materials (AMAT) Launches New Chipmaking Systems, Soars to All-Time High

Applied Materials Inc. (NASDAQ:AMAT) is one of the 9 Stocks Winning by Double Digits.

Applied Materials climbed to a new all-time high on Thursday, as investors cheered its launch of a lineup of chipmaking equipment aimed to support the development of artificial intelligence.

In intra-day trading, the stock jumped to its highest price of $669.22 before paring gains to end the session just up by 13.42 percent at $668 apiece.

For illustration purposes only. Photo by Brett Sayles on Pexels

In a statement on the same day, Applied Materials Inc. (NASDAQ:AMAT) introduced the enhanced Centura Prime Epi system aimed to increase drive current and transistor efficiency, enabling faster, more power-efficient DRAM operation essential for the bandwidth demands of high-bandwidth memory and next-generation double data rate.

Additionally, Applied Materials Inc. (NASDAQ:AMAT) introduced three new systems targeting the most critical advanced packaging process steps—one which could monitor wafer conditions during polish and dynamically adjust in real time, one which could ensure the TSVs and microbumps are leveled across the entire wafer, and one that can improve the mechanical stability of ultr

Fuente original: Yahoo Finance (https://finance.yahoo.com/technology/articles/applied-materials-amat-launches-chipmaking-030715650.html)