Artificial intelligence (AI) is driving the current bull market, with the Magnificent Seven tech giants now accounting for 37% of the S&P 500’s market cap. Applied Materials stands out as a strong AI investment, providing the systems used to produce most new chips globally. Despite risks related to trade tensions, Deloitte forecasts semiconductor sales to hit $1 trillion by 2030, benefiting companies like Applied Materials. The stock is up 48% this year and 245% over the past five years, with analysts expecting revenue and earnings growth. Consider investing in Applied Materials for long-term potential in the AI-driven semiconductor industry.

Read more at Yahoo Finance: Is This the Best Stock to Own for the Next Decade of AI Expansion?