Applied Materials Inc. Stock Advances 6.9%, Outperforms Peers

Dow Jones01-10

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Applied Materials Inc. advanced 6.9% to $301.18 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 6,966.28 and the Dow Jones Industrial Average rising 0.5% to 49,504.07.

The stock's rise snapped a two-day losing streak.

Applied Materials Inc. hit a new 52-week high, surpassing its previous peak of $298.22, which the company reached on January 6th.

The stock outperformed some of its peers, as Broadcom Inc. rose 3.8% to $344.97, Qualcomm Inc. fell 2.2% to $177.78, and Advanced Micro Devices Inc. fell 0.74% to $203.17.

Trading volume totaled 9.4 million, compared to the 50-day average of 7.3 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

January 09, 2026 16:33 ET (21:33 GMT)

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