Applied Materials, Inc. (NASDAQ: AMAT) is included in the 20 Best Performing Dividend Stocks in 2025 list. B. Riley raised AMAT’s price target to $305 from $270, citing its strong position to benefit from HBM and advanced DRAM capacity. AMAT is the world’s largest supplier of semiconductor manufacturing equipment, supporting AI and data center build-out.

Factors driving AMAT’s stock include rising demand for AI-related chips, leading to record revenue and EPS for fiscal 2025. The company rolled out new semiconductor manufacturing systems and maintained its leadership in the wafer fabrication equipment market. Despite US export restrictions limiting access to China, AMAT’s global footprint and technology exposure support its investment case.

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Read more at Yahoo Finance: B. Riley Raises Target on Applied Materials (AMAT) on HBM and DRAM Capex Upside