AMAT Stock Prediction: The Future of AMAT Looks Promising After Release of Q2 Result
This article was written by the I Know First Research Team.
Summary:
- Trade war between US and China could affect AMAT by reducing sales to their largest customer base
- Falling demand for Memory Chips and Display Market Segment is affecting net sales
- Effective AMAT growth strategy in their Service Segment
- Strong focus on R&D in the future to improve net sales
- Bullish I Know First long term AMAT stock prediction and given a buy rating for the next quarter
AMAT’s Performance In Q2
Applied Materials (AMAT), one of the largest producer of semiconductor manufacturing equipment, might be facing some troubles from trade wars, a drop in overall smartphone consumer demands as well as stiff competition in display technologies. AMAT stock’s competitors such as KLA-Tencor and Lam Research also gave a similar downbeat outlook this quarter. Despite that, AMAT’s transition to more cloud data centers, 5G infrastructure, IoT and automotive technologies will pave the way for growth in 2020. The semiconductor equipment market is forecasted to drop 8% in 2019 but face a growth of 5
