On August 3, Applied Materials fell 3.15% in pre-market trading, trading at approximately $490.67/share, with turnover of $12.34 million.

On the news front, a broad global semiconductor selloff pressured the entire equipment sector. South Korea's KOSPI index plunged over 5% triggering a circuit breaker, while Samsung Electronics and SK Hynix each closed down more than 8%. The Philadelphia Semiconductor Index also declined in pre-market trading, with peers Micron and Lam Research leading losses. Concentrated profit-taking from the sharp rebound accumulated during July 30-31 sessions — when Applied Materials had surged over 13% — added further selling pressure.

Within the Semiconductor Equipment sector, declines were broad-based. Among individual stocks, Lam Research fell 3.59%, ASML Holding fell 1.39%, KLA Corporation fell 3.58%, AXT Inc fell 5.68%, and Teradyne fell 3.59%. Applied Materials is scheduled to report fiscal third-quarter results on August 13, with consensus EPS expectations of $3.36, adding near-term uncertainty amid the sector-wide retreat.

(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.)