- Analysts are divided over the outlook for chip memory in the second half of 2021.
- I look at both sides of the coin.
- In case of more risks than rewards entering the late memory cycle, AMAT makes sense as a longer term opportunity.
- It also has less exposure to the memory business and, conversely, more to foundry logic where billions of dollars have been pledged as multi-year investments by its customers.
- The stock has delivered a wonderful one-year performance, but, in a persisting high-demand environment, it makes sense to buy the dip.
For further details see:
Applied Materials: Market Turbulence Offers An Opportunity To Buy