Applied Materials Stock (AMAT) News and Forecasts for Dec. 23, 2025: Analyst Price Targets Rise on AI Memory Boom, China Risk Still Looms
Applied Materials, Inc. (NASDAQ: AMAT) is back in the spotlight on December 23, 2025, with shares trading around the $259 level and sitting within sight of a 52-week high near $276. MarketBeat While there’s no single “headline shock” driving the stock today, AMAT is benefiting from a steady drumbeat of AI-linked wafer fab equipment (WFE) optimism, a wave of higher analyst price targets, and growing conviction that the next major leg of semiconductor capital spending could be led by memory (especially advanced DRAM/HBM) and leading-edge foundry. At the same time, investors continue to weigh a real overhang: China exposure and