Key facts: Applied Materials (AMAT) rose over 2% on Friday as reports emerged about a new U.S. plan to cut reliance on foreign chips and enhance domestic production.

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Applied Materials (AMAT) rose over 2% on Friday as reports emerged about a new U.S. plan to cut reliance on foreign chips and enhance domestic production.
Applied Materials Inc. has secured a $2.0 billion credit facility with Bank of America, as disclosed in a recent SEC filing.