Applied Materials is trading 5.77% up now at $114.50 as semiconductor stocks rally on strong AI-related earnings and outlook.

  • Investors are positioning ahead of fiscal third-quarter results due after the August 13, 2026, close.
  • Analysts expect approximately $9 billion in revenue and $3.39 adjusted EPS.
  • SOXX is up 3.42%, while easing rate concerns and strong AI-infrastructure results improve risk appetite.