On August 12, Applied Materials rose 3.72% in regular trading, trading at 551.31 USD/share, with turnover of approximately $342 million.

On the news front, Applied Materials is scheduled to report fiscal Q3 results on August 13 after market close. Wall Street consensus expects adjusted EPS of $3.36, representing approximately 35% year-over-year growth. RBC Capital Markets anticipates the company will deliver a beat-and-raise quarter, citing NAND recovery, ICAPS stabilization, and value-based pricing tailwinds. Bernstein raised its price target to $675 from $525 while maintaining an outperform rating, and the average analyst target of $646 implies roughly 20% upside from current levels. Additionally, Greenwoods Asset Management disclosed a new position in Applied Materials during Q2 as part of its AI computing infrastructure allocation.

Within the Semiconductor Equipment sector, the overall sector showed strength. Among individual stocks, Teradyne up 5.81%, AXT Inc up 5.42%, Lam Research up 4.98%, KLA Corporation up 4.01%, ASML Holding NV up 1.65%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)