🟢 Applied Materials is trading 6.5% up today on a broader semiconductor rebound and renewed AI optimism

Applied Materials is trading at $560.01 (+6.53%) as semiconductor shares rebound sharply following last week’s selloff.

• The move aligns with a broader chip rally, with the SOXX up 2.99% and the Nasdaq up 1.01%.
• Market sentiment improved behind renewed AI optimism and upbeat sector outlooks.