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Applied Materials ( (AMAT) ) has issued an update.
On February 24, 2025, Applied Materials, Inc. entered into a new five-year $2.0 billion revolving credit facility with Bank of America, replacing a previous $1.5 billion agreement set to expire in 2026. This strategic financial move enhances Applied’s credit capacity, potentially strengthening its operational flexibility and market position.
More about Applied Materials
Applied Materials, Inc. operates in the semiconductor industry, providing manufacturing equipment, services, and software to the global electronics sector.
YTD Price Performance: 3.85%
Average Trading Volume: 6,711,510
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $136.9B
For a thorough assessment of AMAT stock, go to TipRanks’ Stock Analysis page.