Investors are closely watching AI trade momentum, with Applied Materials Inc (NASDAQ:AMAT) making headlines. Data centers currently consume 4% of US energy and are projected to reach 12% by 2028. Analysts believe we are in the early stages of the AI and data center expansion, with AMAT being a top pick.

Heartland Opportunistic Value Equity Strategy initiated a position in Applied Materials, Inc (NASDAQ:AMAT) in the second quarter of 2025. They highlighted AMAT as a major player in semiconductor manufacturing, with a 21% market share in wafer fabrication equipment. Insider buying and cyclical industry trends led to confidence in AMAT’s potential growth, positioning it as a premier analog semiconductor manufacturer.

Read more at Yahoo Finance: Analyst Recommends Applied Materials (AMAT) as Top AI and Data Center Stock