Why do analysts expect further upside for AMAT?

Due to strong demand for semiconductor equipment driven by the AI boom, and the company's expectation of significant growth in its sector.

What is the total portfolio value of Goldman Sachs' AMAT holdings?

The total value is approximately $2.68 billion.

Applied Materials Continues Bull Run as Analyst Sees More Upside

Applied Materials (AMAT) continues its upward trajectory with analysts expecting further gains. Data shows Goldman Sachs holds about 0.31% of its portfolio in the stock, valued at $2.68 billion, making it one of the top tech stocks the bank is buying now.

June 5, 2026

2 min read

Source: Insider Monkey

Key Numbers

goldman sachs portfolio percentage

0.31%

goldman sachs portfolio value

2.68B

Applied Materials (AMAT) continues its bull run on the stock exchange, with analysts expecting further upside. Recent data shows Goldman Sachs holds approximately 0.31% of its portfolio in the stock, with a total value of around $2.68 billion, placing AMAT among the top tech stocks the bank is currently buying.

Rating Change

The report does not specify a rating change by Goldman Sachs, but including the stock among top tech picks indicates a positive outlook. Analysts appear to believe the stock still has room to rise.

Analyst Rationale

Analysts see strong demand for semiconductor equipment, driven by the AI boom, as the main catalyst for AMAT. The company expects its semiconductor equipment business to soar.

Context

AMAT has posted strong performance recently, outperforming broader market indices. Analyst estimates suggest the stock may continue its upward path as demand for AI chips persists.

What to Conclude

While the data does not constitute a buy recommendation, Goldman Sachs' inclusion of the stock among top picks reflects institutional confidence in growth prospects. Investors should monitor semiconductor demand trends and the stock's performance closely.

Frequently Asked Questions

Goldman Sachs holds about 0.31% of its portfolio in Applied Materials stock.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.