What Would You Have Needed To Notice In Applied Materials Stock?

Applied Materials (AMAT) stock returned 143.9% in the twelve months to October 5, 2026, against 17.1% for the S&P 500. The run turned out to be about artificial intelligence: chipmakers wanted far more of the machines Applied sells for making advanced chips. You may have watched from the sidelines and wondered whether anyone could have seen it coming. So what had Applied itself said before the run began.