Applied Materials Stock Surges 117% on AI Chip Equipment Demand
Applied Materials shares climb 117% in six months as TSMC, Micron, and SK Hynix ramp up AI chip manufacturing capacity with major capex increases.
Applied Materials shares climb 117% in six months as TSMC, Micron, and SK Hynix ramp up AI chip manufacturing capacity with major capex increases.
Chinese AI company Zhipu AI sees 30% stock jump following GLM-5 release, an open-source model rivaling Claude Opus 4.5 in coding capabilities.
Palantir Technologies gains 2000%+ during AI boom. Citigroup analyst increases price target to $235, citing $3.6B in U.S. commercial contracts and strong enterprise demand.