AMATD.BA is trading 16% up at $136.25, significantly outperforming a broadly weaker tech market, driven by the announcement of new AI chipmaking systems.

  • Applied Materials introduced new chipmaking systems for DRAM and advanced packaging to power next-generation AI, leading to strong investor interest.
  • The move follows a 15.96% surge on June 25, 2026, extending recent upward momentum.
  • Analysts have also issued upbeat commentary and raised price targets for AMAT.