🟢 Applied Materials is trading 3.73% up today after substantially higher fourth-quarter outlook

Applied Materials is trading 3.73% up now at $526.11 after investors reassessed its strong August 13 earnings and substantially higher fourth-quarter outlook.

• Management forecast $10.25 billion in fourth-quarter revenue and $4.02 adjusted EPS, supported by accelerating AI-chip equipment demand.
• The rebound follows the August 14 selloff, when shares fell 5.12% despite the earnings beat and raised guidance.