Applied Materials Inc. (NASDAQ:AMAT) is one of the best NASDAQ stocks to buy according to hedge funds. On September 24, Applied Materials announced a partnership with GlobalFoundries Inc. (NASDAQ:GFS) to accelerate the photonics revolution, which is being driven by AI. The collaboration will establish a state-of-the-art waveguide fabrication facility at GlobalFoundries’ Singapore site. The initiative positions photonics as a cornerstone technology for next-gen AI applications. Under the partnership, Appli ...