Applied Materials (AMAT) Could Be 28% Undervalued As AI Chip Rally Lifts Interest
Board addition brings fresh semiconductor experience to Applied Materials
Applied Materials (AMAT) has added Akash Palkhiwala, Qualcomm’s Chief Financial Officer and Chief Operating Officer, to its Board of Directors and Audit Committee. This governance change comes as AI related chip equipment stocks have attracted renewed attention.
Applied Materials’ share price has been volatile in recent months, with a 1-day share price return of 4.31% and the stock down 15.66% over 30 days. However, the...
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