Stock Track | Applied Materials Plummets 5.03% Intraday as Chip Stocks Slide on OpenAI Concerns

Stock Track04-28 21:41

Applied Materials' stock plummeted 5.03% during intraday trading on Tuesday, reflecting broad weakness in semiconductor-related shares.

The decline follows a Wall Street Journal report that OpenAI missed sales targets and user acquisition goals, raising concerns about the ChatGPT parent's ability to support massive data center spending. This news triggered a sell-off across chip stocks, with equipment makers like Applied Materials particularly affected.

Other chip-making equipment companies including Lam Research and KLA Corp also fell between 3% and 4.9% in premarket trading, indicating sector-wide pressure driven by worries over AI-related demand.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1162716253?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-28 21:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1162716253","market":"sg","top_or_hot":-1,"title":"Stock Track | Applied Materials Plummets 5.03% Intraday as Chip Stocks Slide on OpenAI Concerns","media":"Stock Track","content":"<p>Applied Materials' stock plummeted 5.03% during intraday trading on Tuesday, reflecting broad weakness in semiconductor-related shares.</p><p>The decline follows a Wall Street Journal report that OpenAI missed sales targets and user acquisition goals, raising concerns about the ChatGPT parent's ability to support massive data center spending. This news triggered a sell-off across chip stocks, with equipment makers like Applied Materials particularly affected.</p><p>Other chip-making equipment companies including Lam Research and KLA Corp also fell between 3% and 4.9% in premarket trading, indicating sector-wide pressure driven by worries over AI-related demand.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Applied Materials Plummets 5.03% Intraday as Chip Stocks Slide on OpenAI Concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Applied Materials Plummets 5.03% Intraday as Chip Stocks Slide on OpenAI Concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-04-28 21:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Applied Materials' stock plummeted 5.03% during intraday trading on Tuesday, reflecting broad weakness in semiconductor-related shares.</p><p>The decline follows a Wall Street Journal report that OpenAI missed sales targets and user acquisition goals, raising concerns about the ChatGPT parent's ability to support massive data center spending. This news triggered a sell-off across chip stocks, with equipment makers like Applied Materials particularly affected.</p><p>Other chip-making equipment companies including Lam Research and KLA Corp also fell between 3% and 4.9% in premarket trading, indicating sector-wide pressure driven by worries over AI-related demand.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMAT","symbol_name":"应用材料","start_time":0,"source_url":"","article_id":"1162716253","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1162716253","pubTimestamp":1777383674,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Applied Materials' stock plummeted 5.03% during intraday trading on Tuesday, reflecting broad weakness in semiconductor-related shares.The decline follows a Wall Street Journal report that OpenAI...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMAT":"应用材料"},"translate_title":"个股追踪|应用材料盘中暴跌5.03%芯片股受OpenAI担忧拖累下滑","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMAT":1},"content_text":"Applied Materials' stock plummeted 5.03% during intraday trading on Tuesday, reflecting broad weakness in semiconductor-related shares.The decline follows a Wall Street Journal report that OpenAI missed sales targets and user acquisition goals, raising concerns about the ChatGPT parent's ability to support massive data center spending. This news triggered a sell-off across chip stocks, with equipment makers like Applied Materials particularly affected.Other chip-making equipment companies including Lam Research and KLA Corp also fell between 3% and 4.9% in premarket trading, indicating sector-wide pressure driven by worries over AI-related demand.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1162716253","isCrawlerRequest":true}