Applied Materials, Inc. is trading 4.1% up now at $126.00 after announcing new 3D scaling deposition and selective etch systems aimed at enabling next‑generation AI and high‑performance computing chips.
- The new tooling platforms are designed to facilitate advanced 3D scaling, a critical component for the manufacturing of high-performance AI semiconductors.
- The stock is significantly outperforming broader market indices, indicating that investors are specifically rewarding the company's expanded role in the AI supply chain and the potential for future demand.