Semiconductor equipment stocks like Applied Materials, Lam Research, and KLA have dropped 4-7% due to profit-taking after a strong 2026 driven by AI-related spending. Despite the pullback, these stocks remain significantly up for the year, with Applied Materials up 80%. The sell-off is sharper than the broader semiconductor sector, reflecting concerns over future fabrication spending and geopolitical risks, especially related to China. Investors should watch the progress of Applied Materials' new EPIC Center and fabrication budgets for signs of recovery or further declines.
Applied Materials shares fell sharply by 7.17% to USD 461.84 on Pluang as of Oct 14, 2026 00:02 WIB, with 88% of orders on the platform being sells. Lam Research and KLA also declined by around 4%, reflecting a broad pullback in semiconductor equipment stocks. Despite this, typical hold times on Pluang remain over 60 days, indicating some investors are maintaining positions amid the profit-taking.
Applied Materials projects robust multi-year growth driven by global AI infrastructure expansion, which fuels demand for wafer fab equipment (WFE) in leading-edge foundry-logic, DRAM, and advanced packaging. The company aims to increase its WFE marke...
Applied Materials, a key supplier of machines used to make AI chips, grew from a $1,000 investment to nearly $19,000 over 10 years, outperforming the S&P 500. Despite years of slow growth, export penalties, and market volatility, the company's revenu...
Global semiconductor equipment spending is set to rise 23.1% to $143.9 billion in 2026, driven by AI and advanced chip tech. However, Applied Materials' market share fell from 20.0% in 2024 to 17.9% in 2025, with only 1.0% revenue growth in H1 2026, ...
