🟢 Applied Materials is trading 4.8% up today on semiconductor sector rebound and improved memory outlook

Applied Materials is trading 4.8% up today at $603.23 as semiconductor stocks rebound from the previous session’s SK Hynix-driven selloff.

• The move follows a sharp 4.5% drop on July 13, 2026, after a profit warning from SK Hynix pressured chip equipment names.
• Today’s gains are driven by a sector-wide recovery and an improved memory-chip outlook rather than any new company-specific news.