Applied Materials surges as CEO signals multi-year chip boom
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This chip company is setting up for another beat and raise: Morgan Stanley
July 13, 2026 3:00 PM EDTIn a note to clients, Morgan Stanley recently highlighted a key semiconductor name that is positioned for another beat-and-raise quarter, forecasting September quarter revenue of $7.4 billion against Street estimates of $7.0 billion, with risk skewed to the upside.
Analyst Shane Brett noted that Lam Research (NASDAQ: LRCX) "has beaten Street estimates... More
