Applied Materials Announces Partnership with Broadcom on Advanced Packaging R&D

Applied Materials (AMAT) shares rose by over 4% following a new partnership with Broadcom to advance AI chip packaging technologies through AMAT's EPIC innovation platform. The collaboration, along with strong earnings and improved margins driven by AI demand, has boosted investor confidence.

By 1 hour ago | barchart.com · Auto-Fetched Original Sources · May 20, 2026, 13:31 UTC

Tickers: $AMAT $AVGO

Topics: AI earnings partnerships semiconductors

Read the full article at Auto-Fetched Original Sources

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