🟢 Applied Materials Inc is trading 3.4% up today as chip stocks rebound from recent AI sell-off

Applied Materials Inc is trading 3.4% up at $468.32 in pre-market as chip stocks rebound from last week's semiconductor and AI-driven sell-off.

• The recovery follows a rise in Nasdaq futures and a broader bounce across the technology sector during early U.S. trading.
• Last week's pressure was largely attributed to Broadcom’s guidance and macroeconomic data rather than company-specific issues.
• There are no fresh earnings reports or news catalysts specific to Applied Materials Inc released today.