Applied Materials (NasdaqGS:AMAT) Shares Rise 13% in a Week Defying Tech Sell-Off
Applied Materials (NasdaqGS:AMAT) saw a notable price movement last week, with shares rising 13%. This comes as markets faced challenges, particularly in the semiconductor sector, due to U.S. export restrictions on chips to China impacting companies like Nvidia and AMD. Despite the broader tech sell-off, Applied Materials' shares bucked the trend, reflecting investor confidence amidst market turbulence. While the overall market increased by 8.4% over the same period, Applied Materials'...