Stock Track | Applied Materials Soars 9.38% Intraday on RBC's Outperform Rating and TSMC's Bullish Capex Forecast

Stock Track

Jan 15

Applied Materials (AMAT) surged 9.38% during Thursday's intraday trading, outperforming the broader semiconductor sector. The stock's rally was fueled by a combination of bullish analyst sentiment and positive industry tailwinds.

RBC Capital Markets initiated coverage on AMAT with an "Outperform" rating and a $385 price target, citing robust demand for AI-driven semiconductor equipment. The brokerage highlighted AMAT's leadership in advanced chipmaking tools and its exposure to hyperscale data center investments.

The gains were further amplified by Taiwan Semiconductor Manufacturing (TSMC) forecasting 2026 capital expenditures of $52-$56 billion, a significant increase from 2025 levels. TSMC's bullish outlook signals sustained demand for semiconductor manufacturing equipment, benefiting suppliers like Applied Materials. B. Riley and Wells Fargo also raised their price targets on AMAT to $365 and $350, respectively, reflecting growing confidence in the company's growth prospects.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1172452765"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1172452765\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1172452765?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-15 22:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1172452765","market":"nz","top_or_hot":-1,"title":"Stock Track | Applied Materials Soars 9.38% Intraday on RBC's Outperform Rating and TSMC's Bullish Capex Forecast","media":"Stock Track","content":"<p>Applied Materials (AMAT) surged 9.38% during Thursday's intraday trading, outperforming the broader semiconductor sector. The stock's rally was fueled by a combination of bullish analyst sentiment and positive industry tailwinds.</p><p>RBC Capital Markets initiated coverage on AMAT with an \"Outperform\" rating and a $385 price target, citing robust demand for AI-driven semiconductor equipment. The brokerage highlighted AMAT's leadership in advanced chipmaking tools and its exposure to hyperscale data center investments.</p><p>The gains were further amplified by Taiwan Semiconductor Manufacturing (TSMC) forecasting 2026 capital expenditures of $52-$56 billion, a significant increase from 2025 levels. TSMC's bullish outlook signals sustained demand for semiconductor manufacturing equipment, benefiting suppliers like Applied Materials. B. Riley and Wells Fargo also raised their price targets on AMAT to $365 and $350, respectively, reflecting growing confidence in the company's growth prospects.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Applied Materials Soars 9.38% Intraday on RBC's Outperform Rating and TSMC's Bullish Capex Forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Applied Materials Soars 9.38% Intraday on RBC's Outperform Rating and TSMC's Bullish Capex Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-01-15 22:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Applied Materials (AMAT) surged 9.38% during Thursday's intraday trading, outperforming the broader semiconductor sector. The stock's rally was fueled by a combination of bullish analyst sentiment and positive industry tailwinds.</p><p>RBC Capital Markets initiated coverage on AMAT with an \"Outperform\" rating and a $385 price target, citing robust demand for AI-driven semiconductor equipment. The brokerage highlighted AMAT's leadership in advanced chipmaking tools and its exposure to hyperscale data center investments.</p><p>The gains were further amplified by Taiwan Semiconductor Manufacturing (TSMC) forecasting 2026 capital expenditures of $52-$56 billion, a significant increase from 2025 levels. TSMC's bullish outlook signals sustained demand for semiconductor manufacturing equipment, benefiting suppliers like Applied Materials. B. Riley and Wells Fargo also raised their price targets on AMAT to $365 and $350, respectively, reflecting growing confidence in the company's growth prospects.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMAT","symbol_name":"应用材料","start_time":0,"source_url":"","article_id":"1172452765","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1172452765","pubTimestamp":1768488169,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Applied Materials (AMAT) surged 9.38% during Thursday's intraday trading, outperforming the broader semiconductor sector. The stock's rally was fueled by a combination of bullish analyst sentiment...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMAT":"应用材料"},"translate_title":"个股追踪|应用材料盘中大涨9.38%，受加拿大皇家银行跑赢大盘评级和台积电看涨资本支出预测影响","themeId":"8785e0a3cdf08a8b8d2191f881377390","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMAT":1},"content_text":"Applied Materials (AMAT) surged 9.38% during Thursday's intraday trading, outperforming the broader semiconductor sector. The stock's rally was fueled by a combination of bullish analyst sentiment and positive industry tailwinds.RBC Capital Markets initiated coverage on AMAT with an \"Outperform\" rating and a $385 price target, citing robust demand for AI-driven semiconductor equipment. The brokerage highlighted AMAT's leadership in advanced chipmaking tools and its exposure to hyperscale data center investments.The gains were further amplified by Taiwan Semiconductor Manufacturing (TSMC) forecasting 2026 capital expenditures of $52-$56 billion, a significant increase from 2025 levels. TSMC's bullish outlook signals sustained demand for semiconductor manufacturing equipment, benefiting suppliers like Applied Materials. B. Riley and Wells Fargo also raised their price targets on AMAT to $365 and $350, respectively, reflecting growing confidence in the company's growth prospects.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}