On July 9, Applied Materials rose 8.88% in regular trading, trading at 626.78 USD/share, with turnover of 10.9 billion USD.

On the news front, multiple Wall Street banks concentrated their target price upgrades: TD Cowen raised its target significantly from $525 to $700, Mizuho lifted its target from $540 to $650, following Goldman Sachs raising to $645 and Morgan Stanley to $647, collectively driving market consensus higher. Meanwhile, CEO Gary Dickerson indicated the company has stronger long-term visibility into semiconductor equipment demand, with major chipmakers sharing production plans extending well beyond 2027 and some customers providing directional outlooks through 2030 to support capacity planning.

The company expects advanced chip packaging equipment to remain one of the industry's fastest-growing segments, driven by AI infrastructure and advanced semiconductor manufacturing. The broader semiconductor equipment sector rallied sharply, with Lam Research up 10.24%, KLA-Tencor up 10.1%, Teradyne up 8.11%, and ASML up 4.75%.

(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.)