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Analyst Recommends Applied Materials (AMAT) as Top AI and Data Center Stock

We recently published 10 Stock News You Can’t Miss As Investors Watch AI Trade Momentum. Applied Materials Inc (NASDAQ:AMAT) is one of the stock news you can't miss. Jordan Blashek from Perimeter Acquisition said in a recent program on Schwab Network that data centers take about 4% of the entire energy supply in the US, and this figure is expected to jump to 12% by 2028. He believes we are still in the beginning of the AI and data center buildout. According to Schwab Network, AMAT is among the top picks o ...