Applied Materials stock price gained 0.9% to $226.95 after Fitch affirmed the company’s credit rating with a stable outlook. Balance sheet strength and strong free cash flow continue to attract long-term investors. The results marked a sharp rebound from the slower growth in the previous quarter. Revenue rose sequentially in the fourth quarter, fueled by stronger sales of Integrated Circuits (ICs) and Flat Panel Displays (FPDs). Notably, IC sales surged in the United States, while demand for FPDs showed steady growth across multiple regions. Guidance was also solid, with next quarter's revenue outlook ahead of expectations while EPS was in line, suggesting the improved trend will continue. Overall, we think this was a good quarter, especially considering some of the uneven recent earnings performance across the sector. As you were browsing something about your browser made us think you were a bot. There are a few reasons this might happen: Applied Materials stock price eased to $224.10 following a sector-wide pullback in tech manufacturing names. Despite near-term headwinds, Goldman Sachs maintains a $250 target based on multi-year AI infrastructure build-out.