Applied Materials to hold an analyst briefing Management holds a joint briefing with executives from Tokyo Electron to discuss the companies' planned merger in San Francisco on July 7 at 8 pm. Webcast Link
Applied Materials weakness creates buying opportunity, says Stifel Stifel believes that Applied Materials' (AMAT) fundamental story has not changed, while the weakness in the shares is an overreaction to certain issues, including the Microchip (MCHP) preannouncement. Stifel expects the company to benefit from strong WFE spending in 2015 and increasing capital intensity trends in the chip sector. The firm keeps a $25 price target and Buy rating on the shares.