Chip Equipment Maker Applied Materials Stock Is Up Over 9% YTD Even As Charts Point To Bearish Patterns: Here's What Investors Should Look At

Shares of Applied Materials Inc. (NASDAQ:AMAT) have risen by 9.11% this year despite last week’s declines in semiconductor-linked companies fueled by the emergence of DeepSeek’s V3 chatbot. Here’s what the company’s technical and fundamental metrics reveal.

What Happened: Applied Materials is a U.S. company that provides equipment, services, and software for manufacturing semiconductors, displays, and solar products to chipmakers.

While most semiconductor-linked and chipmaker stocks took a hit after DeepSeek’s chatbot emerged as the top application on the Apple Inc. (NASDAQ:AAPL) app store, AMAT has risen by 2.86% over the last five trading sessions.

However, the technical analysis of its simple daily moving averages signals a short-term downtrend with a potential for a slight rebound.

AMAT shares closed Friday at $178.80, significantly lower than its 200-day simple moving average of $197.50, and 20-day ...

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