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BTCC / BTCC Square / Global Cryptocurrency /
Applied Materials Nears Key Resistance Amid Semiconductor Boom

Applied Materials Nears Key Resistance Amid Semiconductor Boom

Author:
Global Cryptocurrency
Published:
2025-11-20 01:52:02
21
2
BTCCSquare news:

Applied Materials (AMAT) approaches the $250 threshold as semiconductor demand surges, fueled by an unrelenting AI boom. The stock's 40% year-to-date rally reflects sector-wide euphoria, yet valuation concerns loom over cyclical industry risks.

Data center expansions and AI model advancements continue driving capital flows into chipmakers. Market sentiment remains bullish, but technical resistance at $250 could prove formidable given stretched valuations.

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