What Does Applied Materials Actually Do?
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AI isn’t just about Nvidia 👀 The companies building the machines behind the chips matter just as much.Applied Materials (AMAT) makes the ultra-advanced equipment chip factories use to actually manufacture chips, the machines, tools, and tech that make modern chips possible. When Big Tech ramps up AI data centers, chipmakers have to buy more of this equipment… and that demand shows up in Applied Materials’ earnings first. Applied Materials reports earnings this afternoon and I'll be listening! That’s why investors watch this company so closely. Changes to AMAT's backlog can be an early signal of whether the AI boom is still accelerating or starting to cool.Follow for simple breakdowns of the companies quietly powering the tech world + the AI economy 📈 #stockmarket #investing #ai #semiconductors #techstocks #earnings