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Applied Materials Ships 5,000th Producer Platform markets.siliconinvestor.com Virtually every computer chip in the world is now made using the Producer® platform 1.9 billion square meters of silicon processed by the Producer platform since its launch 20 years ago Today’s Producer platform can be specially configured to address growing Moore’s Law challenges
Applied Materials $AMAT Downside Likely Until This Epic Target Reached
Shares of Applied Materials (AMAT) have bounced recently from an oversold condition. However, the bounce is likely just temporary as an epic target has yet to be reached. Shares of Applied Materials show a major support at $25.00 on the monthly chart. This is the likely target for the in the coming months. AMAT is down from over $60 in the last year, an almost 50% decline. The washout is likely to come and buyers should be ready to pounce.