Applied Materials Inc. stock (US0382221051): shares consolidate near record levels after recent 52-week high

Applied Materials Inc. shares on Nasdaq remain close to a fresh 52-week high after a strong run in May, with the U.S. semiconductor equipment maker trading around the mid-USD 470s on 06/02/2026 amid robust demand tailwinds for chip fabrication tools.

Applied Materials Inc. shares in the United States continued to trade near record territory on 06/02/2026, with the Nasdaq-listed stock changing hands around the mid-USD 470s after recently setting a new 52-week high above USD 480 on the back of strong interest in semiconductor capital equipment names, according to Investing.com as of 05/30/2026 and Business Insider price data as of 06/02/2026.Investing.com as of 05/30/2026Business Insider as of 06/02/2026

The U.S.-based chip equipment supplier, which is a constituent of key American equity benchmarks via its Nasdaq listing under ticker AMAT, has benefited from the broader sector uptrend linked to rising investments in advanced manufacturing capacity, leaving the stock within sight of its recently reported 52-week high at USD 483.47 on 05/30/2026.Investing.com as of 05/30/2026

The stock traded at about USD 473.00 on 06/02/2026 on Nasdaq, according to Business Insider price information as of that date.Business Insider as of 06/02/2026

As of: 06/02/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: Applied Materials
• Sector/industry: Semiconductor equipment and services
• Headquarters/country: Santa Clara, United States
• Core markets: Global semiconductor manufacturers in Asia, North America and Europe
• Key revenue drivers: Semiconductor Systems and Applied Global Services tool sales and services
• Home exchange/listing venue: Nasdaq (AMAT)
• Trading currency: USD

Applied Materials Inc.: core business model

Applied Materials focuses on supplying process tools and related services that chip manufacturers use in wafer fabrication, with revenue largely generated from equipment systems and follow-on service contracts across its global customer base.

Latest quarterly results for Applied Materials Inc. at a glance

For its fiscal second quarter ended 04/28/2024, Applied Materials reported net sales of USD 6.65 billion and diluted earnings per share of USD 2.06, according to the companys earnings release published on 05/16/2024, underscoring solid demand for its semiconductor systems and services in a mixed macro environment.Applied Materials earnings release as of 05/16/2024

In the same report, management highlighted that Semiconductor Systems revenue reached USD 4.76 billion and Applied Global Services revenue came in at USD 1.44 billion for the quarter ended 04/28/2024, illustrating how both new tool shipments and recurring service activity are contributing to the companys current top-line profile.Applied Materials earnings release as of 05/16/2024

Conclusion

Applied Materials Inc. shares are consolidating near a fresh 52-week high on Nasdaq, with the United States-based semiconductor equipment specialist trading in the mid-USD 470s after touching USD 483.47 on 05/30/2026, highlighting ongoing investor focus on chip capital spending trends.Investing.com as of 05/30/2026

The latest reported quarterly figures through 04/28/2024, with USD 6.65 billion in net sales and USD 2.06 in diluted EPS, provide the current fundamental backdrop against which the market is assessing the companys exposure to secular semiconductor demand drivers and the sustainability of its recent share-price performance.Applied Materials earnings release as of 05/16/2024

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.