In its first-quarter 2026 investor letter, Columbia Global Technology Growth Fund highlighted Applied Materials, Inc. (NASDAQ:AMAT) as a leading contributor.
Applied Materials, Inc. (NASDAQ:AMAT) is a leading supplier of materials engineering solutions, equipment, services, and software to the semiconductor and related industries
On June 15, 2026, Applied Materials, Inc. (NASDAQ:AMAT) closed at $585.78 per share. One-month return of Applied Materials, Inc. (NASDAQ:AMAT) was 47.17%, and its shares gained 243.98% over the past 52 weeks. Applied Materials, Inc. (NASDAQ:AMAT) has a market capitalization of $465.08 billion.
Columbia Global Technology Growth Fund stated the following regarding Applied Materials, Inc. (NASDAQ:AMAT) in its Q1 2026 investor letter: “Semiconductor capital equipment companies — including Lam Research (LRCX), Applied Materials, Inc. (NASDAQ:AMAT), ASML and Taiwan Semiconductor Manufacturing Co. (TSM) — delivered strong first-quarter performance as the AI infrastructure super cycle drove record-setting capital expenditure commitments from the world’s leading foundries and memory manufacturers. Applied Materials rallied after reporting strong results powered by DRAM (dynamic random-access memory) chip revenue and expanding demand for transistor processing tools, before giving back gains in March alongside the broader market.” Applied Materials, Inc. (NASDAQ:AMAT) ranks 39 on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 138 hedge fund portfolios held Applied Materials, Inc. (NASDAQ:AMAT) at the end of the first quarter, up from 111 in the previous quarter.