🟢 Applied Materials is trading 4.45% up today in pre-market amid stronger AI server demand forecasts

Applied Materials is trading at $549.00, up 4.45% in pre-market as semiconductor stocks rally on stronger-than-expected AI server demand forecasts.

• Fiscal third-quarter results are scheduled for August 13 after the market close; analysts expect approximately $9.00 billion in revenue and $3.36 adjusted EPS.
• The stock rose 0.67% to $525.61 on August 11 after falling 3.16% on August 10.
• No new earnings results or major Applied Materials announcement was identified for August 12.