Applied Materials Stock (AMAT) on November 29, 2025: Record Earnings, China Export Hit and an AI‑Fueled Rally
As of November 29, 2025, Applied Materials (NASDAQ: AMAT) sits near record highs after delivering a record fiscal year, navigating aggressive U.S. export controls on China, trimming its workforce, and winning a fresh wave of Wall Street upgrades – all while riding the generative‑AI and high‑bandwidth memory boom. The result: AMAT has turned into one of 2025’s standout semiconductor equipment names, even though headlines around export curbs and China exposure continue to inject volatility into the stock. AMAT stock today: price, performance and valuation Applied Materials shares last closed at about $252 per share on Friday, November 28, 2025, after