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Why Applied Materials Rose 13% in March

TheMotleyFool

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Why Applied Materials Rose 13% in MarchPhoto, wide shot, wide-angle lens, Networking equipment supplier, sunset photo at golden hour, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/66e3509e-f4c6-4a7b-8e88-53fcc02cf17f.png

Shares of Applied Materials (NASDAQ: AMAT) rose 13% in March, according to data provided by S&P Global Market Intelligence.

The leading semiconductor equipment company by revenue continued to benefit as the global race in advanced chip production heated up, amid severe semiconductor shortages across a broad range of applications.

Image source: Getty Images.

Source Fool.com

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