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US stock futures up, Applied Materials, Cisco, Applied Industrial Technologies, and Harmonic expected to report earnings, Dillard's expected to release earnings.
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Applied Industrial Techs (NYSE:AIT) released fourth-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. This content is powered by Benzinga APIs. For comprehensive
Applied Materials and AMD offer different exposure to AI semiconductor demand. Applied Materials supplies chip manufacturing equipment with a lower valuation (P/E 23.4x) and improving growth trajectory, while AMD designs processors with faster 2025 revenue growth (34.3%) but faces potential shareholder dilution from OpenAI and Meta warrants covering ~20% of shares outstanding. The author recommends Applied Materials as the better buy, though both stocks have merit for long-term diversified portfolios.
The article compares Applied Materials and Broadcom as semiconductor investment options for 2026. Applied Materials provides chip manufacturing equipment with $28.4B in FY2025 revenue and strong free cash flow of $5.7B, but faces customer concentration risks and export control challenges. Broadcom, with $63.9B in FY2025 revenue and $26.9B in free cash flow, is recommended as the better buy due to its dominant AI accelerator business with locked-in commitments from major tech companies and deeper, harder-to-replicate hyperscaler relationships.
Steve Eisman shares his 'picks and shovels' AI stock strategy, highlighting NVDA, MU, and GEV while warning hyperscaler cash flow is gone.