Revolutionizing AR/VR Headsets: Applied Materials to Design and Manufacture Lenses for Tech Giants

By Jose Najarro, Nicholas Rossolillo, and Billy Duberstein – Apr 24, 2023 at 10:23AM

NASDAQ: AMAT

Applied Materials

Market Cap

$161B

Today's Change

(-1.62%) -$3.14

Current Price

$191.18

Price as of April 19, 2024, 11:53 a.m. ET

Are the augmented and virtual reality markets still growth opportunities for semiconductor companies?

Applied Materials (AMAT -1.62%) is reportedly entering the AR/VR market with innovative lens manufacturing for various tech giants. Could this be a massive win for Applied Material investors, or is it a bad move by management? Check out the short video to learn what semiconductor investors Jose Najarro, Nicholas Rossolillo, and Billy Duberstein had to say. Also, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of April 20, 2023. The video was published on April 24, 2023.

Billy Duberstein has positions in Applied Materials. Jose Najarro has positions in Applied Materials. Nicholas Rossolillo has positions in Applied Materials. The Motley Fool has positions in and recommends 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.