Customer PerformanceSamsung revenue for AMAT increased by 65% year-over-year, indicating strong performance from this major customer.
Revenue GrowthAMAT should see revenue growth from TSMC in the second half of FY25, which is expected to support the stock in the near term.
ValuationAMAT is being added to the US Focus list, which is reserved for stocks that screen attractive on valuation, consensus crowding, and risk-reward.