Movement Alert｜Applied Materials Falls 3.02% in Regular Trading, 2030 Targets Seen as Conservative but Sector Selling Prevails

Market Focus10-14

On October 14, Applied Materials fell 3.02% in Regular Trading, trading at $449.405 per share, with turnover of $1.143 billion.

The move came after the company outlined long-term targets through 2030, including gaining more than two percentage points of wafer fab equipment market share, adjusted gross margin of 54%, and adjusted operating margin of 40%, while market commentary characterized those margin goals as conservative despite strong AI-related demand trends.

Applied Materials said foundry-logic, DRAM and advanced packaging should contribute about 75% of wafer fab equipment market growth from 2025 to 2030, and it expects service revenue to grow more than 20% in calendar 2026 and exceed $12 billion by 2030. Even so, the broader Semiconductor Equipment group was weak, with ASML Holding NV falling 0.92%, Lam Research falling 3.84%, KLA Corporation falling 1.93%, and Teradyne falling 5.49%, indicating the stock's decline was also pressured by sector-wide selling.

(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.)

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