🟢 Applied Materials Inc is trading 6.5% up today as AI infrastructure and HBM capex fuel sector rebound

Applied Materials Inc is trading 6.5% up at $523.93 as investors rotate back into leading wafer-fab equipment names following a strong rebound in semiconductor and AI-related stocks.

• Sector commentary highlights the company as a key beneficiary of sustained AI infrastructure and high-bandwidth memory (HBM) capital expenditure.
• The price action extends a sharp recovery that began after last week’s technology sector sell-off.
• Renewed investor interest in wafer-fab equipment providers underscores the ongoing demand for AI-driven hardware.