Applied Materials, Inc. (NASDAQ:AMAT) is highlighted as one of the AI Stocks in Focus This Week. KeyBanc Capital Markets raised its price target on AMAT to $285 from $240, citing favorable positioning ahead of tech transitions and long-term AI-driven demand. Competitively valued, AMAT is poised to benefit from AI technology shifts.

AMAT is a key player in materials engineering solutions for the semiconductor industry. Analysts believe AMAT is attractively valued compared to peers, with strong potential for multi-year demand growth driven by AI technologies like N2/GAA, HBM, and Advanced packaging.

While AMAT offers investment potential, other AI stocks may have greater upside and less downside risk. Investors seeking undervalued AI stocks should consider the best short-term AI stock.

For more AI stock insights, check out 10 AI Stocks Making Headlines on Wall Street and 10 AI Stocks on the Market’s Radar.

Read more at Yahoo Finance: AI Boom Fuels Bullish Analyst Outlook for Applied Materials (AMAT)