Deutsche Bank: Appl and Broadcom are included in the list of top tech stocks for the next 12 months.

Deutsche Bank will include Applied Materials and Broadcom in its top technology stock list for the next 12 months. Analyst Melissa Weathers notes that Applied Materials is expected to benefit from the recent strength in the chip industry and a rebound in demand for dynamic random-access memory; another positive factor is the significant increase in capital expenditure by TSMC. TSMC is one of the major customers for Applied Materials' equipment and is currently expanding its wafer fab in Arizona and Taiwan. As for Broadcom, it has shown strong momentum in the AI-related semiconductor field, with six confirmed clients and an estimated AI chip revenue exceeding $100 billion in the fiscal year 2027. Deutsche Bank also includes the following companies in its top technology stock list: Oracle, Spotify, T-Mobile US, Digital Realty Trust, and Cellebrite DI.