Latest news with #Applied
Yahoo
23-06-2025
- Business
- Yahoo
Applied Materials: A Dividend Payer in the Semiconductor Supply Chain
Applied Materials, Inc. (NASDAQ:AMAT) is one of the 10 Technology Dividend Aristocrats to Buy in 2025. Semiconductor stocks have delivered solid long-term returns, but investors need to be selective. Among the equipment suppliers, Applied Materials, Inc. (NASDAQ:AMAT) stands out for its broad diversification and consistent dividend policy. With artificial intelligence driving long-term demand, the company is emerging as a compelling option for dividend growth investors. A technician in a clean room assembling a semiconductor chip using a microscope. Earlier this year, on March 10, Applied Materials, Inc. (NASDAQ:AMAT) announced a 15% increase to its quarterly dividend, raising it to $0.46 per share. This marks the eighth straight year of dividend hikes. Alongside this, the board approved a new $10 billion share repurchase program, which adds to the $7.6 billion still available under the existing authorization. Applied Materials, Inc. (NASDAQ:AMAT)'s financial position remains solid. In the most recent quarter, it generated $1.57 billion in operating cash flow and returned $325 million to shareholders through dividends. Free cash flow came in at $1.06 billion. With a dividend payout ratio of just 19%, Applied is distributing only a modest portion of its net income, signaling plenty of room for future increases. Applied Materials, Inc. (NASDAQ:AMAT) also holds a leadership position in etch and deposition tools, which are key technologies used in manufacturing high-performance logic chips and DRAM, both of which are in high demand due to the rapid expansion of AI. This market tailwind is expected to support both business growth and continued strength in shareholder returns. AMAT has a dividend yield of 1.09%, as of June 22. While we acknowledge the potential of AMAT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None.
Yahoo
12-06-2025
- General
- Yahoo
Robby Bergerson named new Waco Fire Chief
Waco, Tx (FOX44) – The City of Waco announces the selection of Robin 'Robby' Bergerson as the next Fire Chief for the Waco Fire Department. His appointment will be presented to the Waco City Council for confirmation during the June 17, 2025, city council meeting. Chief Bergerson brings more than 32 years of fire service experience, including nearly 28 years dedicated to serving the Waco community. A city statement said his proven leadership, operational expertise, and deep institutional knowledge make him uniquely qualified to lead the department into its next chapter. Throughout his distinguished career, Chief Bergerson has served in every operational and administrative rank within the department—from Firefighter and Engineer to Training Division Chief, Deputy Chief of Emergency Operations, Executive Deputy Fire Chief, and most recently, Interim Fire Chief. His progression through the ranks reflects not only extensive hands-on experience but also a consistent commitment to professional growth and excellence in service. 'It's been a real privilege to serve the Waco community for nearly 28 years,' said Chief Bergerson. 'As Fire Chief, my job is to keep this community safe and take care of the men and women who serve it. That means leading with integrity, showing compassion, and making sure we're always ready to meet the needs of the people who count on us.' City Manager Bradley Ford commended Chief Bergerson's dedication and leadership, emphasizing the value of promoting from within the department. 'Robby has earned the trust of his colleagues and the respect of this community through decades of exemplary service,' said Ford. 'He leads with humility, experience, and a steady hand. I have full confidence in his ability to guide the department forward and continue delivering exceptional service to the people of Waco.' Chief Bergerson holds a Master of Liberal Studies in Public Administration from Fort Hays State University, a Bachelor of Science in Organizational Leadership from Mountain State University, and an Associate of Applied Science in Fire Services Administration from Weatherford College. His professional credentials include Executive Fire Officer (EFO) from the National Fire Academy, Chief Fire Officer (CFO) through the Center for Public Safety Excellence, and Certified Fire Executive (CFE) from the Texas Fire Chiefs Association. He is also a graduate of the IAFC's Fire Service Executive Development Institute (FSEDI). Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
12-06-2025
- Business
- Yahoo
Applied Digital (APLD) Soars 103% on AI Hosting Deal With CoreWeave
Applied Digital (APLD, Financials) surged 103% last week after announcing a long-term hosting agreement with CoreWeave, an AI infrastructure firm backed by Nvidia (NVDA, Financials). Warning! GuruFocus has detected 10 Warning Signs with APLD. The deal, valued at $7 billion over 15 years, will see Applied lease space at its North Dakota facility to host CoreWeave's expanding AI compute stack. The move accelerates Applied's pivot deeper into AI data center infrastructure. Shares closed Friday at $13.86, tripling over the past 12 months amid strong interest in AI-adjacent plays. Both Applied and CoreWeave count Nvidia as a key backer, linking them to the broader AI rally. Technical analysts flagged a bullish cup-and-handle breakout, with price clearing key resistance last week. Volume confirmed the move, and momentum indicators show strength. This article first appeared on GuruFocus.
Yahoo
10-06-2025
- Business
- Yahoo
Applied Digital (APLD) Soars 103% on AI Hosting Deal With CoreWeave
Applied Digital (APLD, Financials) surged 103% last week after announcing a long-term hosting agreement with CoreWeave, an AI infrastructure firm backed by Nvidia (NVDA, Financials). Warning! GuruFocus has detected 10 Warning Signs with APLD. The deal, valued at $7 billion over 15 years, will see Applied lease space at its North Dakota facility to host CoreWeave's expanding AI compute stack. The move accelerates Applied's pivot deeper into AI data center infrastructure. Shares closed Friday at $13.86, tripling over the past 12 months amid strong interest in AI-adjacent plays. Both Applied and CoreWeave count Nvidia as a key backer, linking them to the broader AI rally. Technical analysts flagged a bullish cup-and-handle breakout, with price clearing key resistance last week. Volume confirmed the move, and momentum indicators show strength. This article first appeared on GuruFocus.
Yahoo
04-06-2025
- Business
- Yahoo
Applied Digital Taps $7 Billion in CoreWeave Leases
Applied Digital (NASDAQ:APLD) surged 42% after striking two 15-year lease agreements with CoreWeave (NASDAQ:CRWV) worth approximately $7 billion in total revenue. Under the deal, Applied will deliver 250 MW of IT power to CoreWeave's Ellendale, North Dakota, AI and HPC data center, with an option to add another 150 MW. The first 100 MW facility is slated for late 2025, the next 150 MW by mid-2026, and a third 150 MW building could launch in 2027part of Ellendale's planned 1 GW capacity. Warning! GuruFocus has detected 8 Warning Signs with APLD. As Applied transitions toward a data-center-focused REIT, CEO Wes Cummins says these long-term leases cement its role as a foundational infrastructure provider for Neocloud innovators like CoreWeave, which rents Nvidia (NVDA)-powered GPU clusters. CoreWeave's stock also climbed nearly 5% on the news. Investors should care because the 15-year, multi-gigawatt lease stream provides Applied Digital with predictable, high-visibility cash flows and validates its pivot to large-scale AI data centers just as demand for GPU-backed cloud services soars. With Ellendale's first building breaking ground next year, markets will watch Applied Digital's progress on that 100 MW deployment and any additional 150 MW commitments that could push Ellendale toward its 1 GW target. This article first appeared on GuruFocus.
