Applied Materials shares are down on guidance and margin concerns. Here’s why analysts say it’s time to buy.

Despite Applied Materials' shares taking a dive due to heightened expectations and margin worries, analysts are bullish on its long-term prospects. They highlight the company's solid growth potential driven by surging demand in the semiconductor sector, particularly as the AI race heats up. This surge underscores the company's pivotal role in the tech supply chain, making it a compelling buy for investors willing to look past short-term fluctuations.