<p><strong>應用材料</strong>（AMAT 3.08%）是上個月幾家半導體設備公司中表現良好的公司之一，該公司以製造芯片和顯示面板生產設備而聞名，受益於上個月的一些宏觀經濟和行業新聞。</p>
<p>儘管上個月沒有關於應用材料的重大公司特定新聞，但相關信息足以推動其股價上漲 27%，根據 S&amp;P Global Market Intelligence 的數據。</p>
<p>從圖表中可以看出，大部分漲幅發生在月中。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/9917d6f282a882c605c2126f3fec64e6.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/9917d6f282a882c605c2126f3fec64e6.png"/></p>
<p>AMAT 數據來源於 YCharts</p>
<h2>新的半導體繁榮</h2>
<p>雖然人工智能（AI）熱潮推動了像 Nvidia 這樣的股票實現了多倍收益，但半導體設備行業由於增長疲軟和中國等地區的挑戰，處於不同的週期，表現相對滯後。</p>
<p>然而，投資者對上個月行業傳出的消息反應積極，表明半導體設備可能迎來新的支出週期。</p>
<p>首先，應用材料受益於美聯儲在 9 月 17 日的 25 個基點降息，以及對今年剩餘時間內再降息兩次的預測。半導體設備，如應用材料所銷售的產品，通常非常昂貴，因此較低的利率應該使公司更容易借款，以便購買應用材料的產品。當天股價上漲了 2.6%。</p>
<p>在 <strong>Nvidia</strong> 和 <strong>Intel</strong> 宣佈合作後，應用材料的股價在隨後的交易中大幅上漲。此舉幫助提升了應用材料及其半導體設備同行的股價，因為 Intel 是主要的晶圓廠，而 Nvidia 對 Intel 的 50 億美元投資預計將推動對芯片設備的支出。這也改善了 Intel 的長期前景。當天股價上漲了 6.5%。應用材料是 Intel 的主要供應商，今年還獲得了 Intel 的 EPIC 供應商獎。</p>
<p>最後，在 9 月 22 日，應用材料的股價在獲得 <strong>摩根士丹利</strong> 的增持評級後上漲了 5.4%。該投資銀行將其晶圓廠設備銷售增長預測從 5% 上調至 10%，認為內存需求增加。因此，提升了對應用材料的每股收益預期。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzY4NDQvc2VtaWNvbmR1Y3Rvci13YWZlci1iZWluZy1tYWRlLmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzY4NDQvc2VtaWNvbmR1Y3Rvci13YWZlci1iZWluZy1tYWRlLmpwZyZ3PTcwMA"/></p>
<p>圖片來源：Getty Images。</p>
<h2>應用材料的下一步是什麼？</h2>
<p><strong>美光</strong> 在月底發佈的強勁財報似乎也提升了應用材料的前景。</p>
<p>與 <strong>ASML</strong> 一樣，應用材料的業務實力沒有受到質疑，但週期性需求是一個主要因素，因為其最近一個季度的收入僅增長了 8%。</p>
<p>儘管如此，關於 Intel 的消息和 AI 的廣泛增長是令人鼓舞的。如果這種勢頭持續下去，應用材料還有上漲的空間。</p>

應用材料

摩根士丹利

<p>應用材料的股票在九月份上漲了 27%，這主要受到積極的宏觀經濟和行業新聞的推動。關鍵因素包括美聯儲的降息，這降低了半導體設備的借貸成本，以及英偉達與英特爾之間的合作公告，提升了對芯片設備支出的預期。此外，摩根士丹利將應用材料的評級上調至 “增持”，並提高了其銷售增長預測。美光發佈的強勁財報進一步增強了應用材料的前景，表明半導體行業有持續增長的潛力</p>

<p><strong>Applied Materials</strong>(AMAT 3.08%) was among several semiconductor equipment companies to gain last month, as the company, known for making equipment to produce chips and display panels, benefited from several macroeconomic and sector-level news items last month.</p>
<div class="lb-trans"><p><strong>應用材料</strong>（AMAT 3.08%）是上個月幾家半導體設備公司中表現良好的公司之一，該公司以製造芯片和顯示面板生產設備而聞名，受益於上個月的一些宏觀經濟和行業新聞。</p>
</div><p>While there was no major company-specific news out on Applied Materials last month, the related items were enough to drive the stock up 27%, according to data from S&amp;P Global Market Intelligence.</p>
<div class="lb-trans"><p>儘管上個月沒有關於應用材料的重大公司特定新聞，但相關信息足以推動其股價上漲 27%，根據 S&amp;P Global Market Intelligence 的數據。</p>
</div><p>As you can see from the chart, much of the gains came in the middle of the month.</p>
<div class="lb-trans"><p>從圖表中可以看出，大部分漲幅發生在月中。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/9917d6f282a882c605c2126f3fec64e6.png" alt="" original-src="https://media.ycharts.com/charts/9917d6f282a882c605c2126f3fec64e6.png"/></p>
<p>AMAT data by YCharts</p>
<div class="lb-trans"><p>AMAT 數據來源於 YCharts</p>
</div><h2>A new semiconductor boom</h2>
<div class="lb-trans"><h2>新的半導體繁榮</h2>
</div><p>While the artificial intelligence (AI) boom has propelled stocks like Nvidia to multibagger gains, the semiconductor equipment sector, which operates on a different cycle, has lagged behind due to weaker growth and challenges in areas like China.</p>
<div class="lb-trans"><p>雖然人工智能（AI）熱潮推動了像 Nvidia 這樣的股票實現了多倍收益，但半導體設備行業由於增長疲軟和中國等地區的挑戰，處於不同的週期，表現相對滯後。</p>
</div><p>However, investors responded positively to news out of the sector last month, indicating that a new spending cycle could be afoot in semiconductor equipment.</p>
<div class="lb-trans"><p>然而，投資者對上個月行業傳出的消息反應積極，表明半導體設備可能迎來新的支出週期。</p>
</div><p>First, Applied Materials benefited from the Federal Reserve's 25-basis point rate cut on Sept. 17, and its forecast for two more cuts over the rest of the year. Semiconductor equipment, such as what Applied Materials sells, tends to be very expensive, so lower rates should make it easier for the company to borrow money so they can buy products from Applied Materials. The stock gained 2.6% that day.</p>
<div class="lb-trans"><p>首先，應用材料受益於美聯儲在 9 月 17 日的 25 個基點降息，以及對今年剩餘時間內再降息兩次的預測。半導體設備，如應用材料所銷售的產品，通常非常昂貴，因此較低的利率應該使公司更容易借款，以便購買應用材料的產品。當天股價上漲了 2.6%。</p>
</div><p>Applied Materials then jumped the following session after <strong>Nvidia</strong> and <strong>Intel</strong> announced their partnership. The move helped boost Applied Materials and its semi equipment peers, since Intel is a major fab, and Nvidia's $5 billion investment into Intel was expected to fuel spending on chip equipment. It also improves Intel's prospects over the long term. The stock jumped 6.5% that day. Applied Materials is a major supplier for Intel, and even received Intel's EPIC Supplier Award this year.</p>
<div class="lb-trans"><p>在 <strong>Nvidia</strong> 和 <strong>Intel</strong> 宣佈合作後，應用材料的股價在隨後的交易中大幅上漲。此舉幫助提升了應用材料及其半導體設備同行的股價，因為 Intel 是主要的晶圓廠，而 Nvidia 對 Intel 的 50 億美元投資預計將推動對芯片設備的支出。這也改善了 Intel 的長期前景。當天股價上漲了 6.5%。應用材料是 Intel 的主要供應商，今年還獲得了 Intel 的 EPIC 供應商獎。</p>
</div><p>Finally, Applied Materials jumped 5.4% on Sept. 22 after it received an upgrade to overweight from <strong>Morgan Stanley</strong>. The investment bank hiked its wafer fab equipment sales growth forecast from 5% to 10%, seeing increased demand in memory. As a result, it boosted EPS estimates for Applied Materials.</p>
<div class="lb-trans"><p>最後，在 9 月 22 日，應用材料的股價在獲得 <strong>摩根士丹利</strong> 的增持評級後上漲了 5.4%。該投資銀行將其晶圓廠設備銷售增長預測從 5% 上調至 10%，認為內存需求增加。因此，提升了對應用材料的每股收益預期。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzY4NDQvc2VtaWNvbmR1Y3Rvci13YWZlci1iZWluZy1tYWRlLmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F836844%2Fsemiconductor-wafer-being-made.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><h2>What's next for Applied Materials?</h2>
<div class="lb-trans"><h2>應用材料的下一步是什麼？</h2>
</div><p>A strong earnings report from <strong>Micron</strong> toward the end of the month also seemed to boost Applied's prospects.</p>
<div class="lb-trans"><p><strong>美光</strong> 在月底發佈的強勁財報似乎也提升了應用材料的前景。</p>
</div><p>Like <strong>ASML</strong>, Applied Materials' business strength hasn't been in question, but cyclical demand is a major factor, as revenue rose just 8% in its most recent quarter.</p>
<div class="lb-trans"><p>與 <strong>ASML</strong> 一樣，應用材料的業務實力沒有受到質疑，但週期性需求是一個主要因素，因為其最近一個季度的收入僅增長了 8%。</p>
</div><p>Still, the news around Intel and broader growth in AI is promising. If that momentum continues, Applied Materials has room to move higher.</p>
<div class="lb-trans"><p>儘管如此，關於 Intel 的消息和 AI 的廣泛增長是令人鼓舞的。如果這種勢頭持續下去，應用材料還有上漲的空間。</p>
</div>

Why Applied Materials Stock Jumped 27% in September

- 應用材料公司 (Applied Materials) 上月股價上漲 27%。  
- 受益於美聯儲降息及英特爾與英偉達的合作消息。  
- 投資者對半導體設備新支出週期的預期積極。  

為什麼應用材料的股票在九月份上漲了 27%