Should ASML Investors Be Worried About Applied Materials' New Machine?

By Jose Najarro – Mar 1, 2023 at 6:30AM

NASDAQ: AMAT

Applied Materials

Market Cap

$181B

Today's Change

(-0.57%) -$1.25

Current Price

$218.15

Price as of May 22, 2024, 4:00 p.m. ET

ASML's stock price dropped on Tuesday, while Applied Materials investors rejoiced.

Applied Materials (AMAT -0.57%) announced two new products increasing its solution offerings for the semiconductor manufacturing market. A quick look might show a bearish case for ASML (ASML -0.32%), but is that true? Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of Feb. 28, 2023. The video was published on Feb. 28, 2023.

Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML and Applied Materials. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.