🟢 Applied Materials is trading 13.8% up today as investors buy the AI-infrastructure dip

Applied Materials is trading 13.8% up now at $104.25 as investors aggressively buy the recent AI-infrastructure spending dip.

• The move tracks a sharp rebound in semiconductor stocks after strong Microsoft and Lam Research earnings eased fears of an AI capex slowdown.
• The stock is recovering from a multi-day slide previously tied to Meta’s AI spending shock as the broader chips sector rallies.
• Investor sentiment has shifted back toward aggressive infrastructure investment following positive guidance from industry peers.