Tag: Applied Materials

Applied Materials (AMAT) 12-month baseline target price $690 (approx. 1,059,150 KRW) · Investment rating: Hold. As the No. 1 company in the WFE market supplying etching, deposition, and packaging equipment necessary for AI chip production, the stock benefited from the AI capex supercycle with guidance of Q2 FY2026 record revenue $7.91B and Q3 +23%; however, this analysis examines the current phase where valuation pressure has increased following a 1-year surge of +242%. Base exchange rate: 1 USD = 1,535 KRW (2026-06-28).