Applied Materials: Barclays significantly raises the earnings estimate and WFE market forecast for 2027!
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Barclays raises the WFE market forecast for 2027 from $159 billion to nearly $210 billion. The price targets and earnings estimates for 2027 from Applied Materials, Lam Research, and KLA are increased. Applied Materials rises over 4% in pre-market trading and recently reported a record quarter. Applied Materials (AMAT) is considered one of the world's leading suppliers of systems and manufacturing equipment for the semiconductor industry, with a market capitalization of around $412 billion. With an increase of nearly 94% year-to-date,...
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