New York, Jan 19, 2026, 15:25 EST — Market closed.
- Applied Materials climbed 2.5% to close Friday at $327.01, wrapping up a nearly 8% gain over the past two sessions. 1
- U.S. markets remain closed Monday in observance of Martin Luther King Jr. Day and will resume trading Tuesday. 2
- Traders juggle upbeat chip-capex signals with new tariff concerns dampening global risk appetite. 3
Applied Materials’ shares closed higher in the final U.S. session and enter Tuesday’s reopening with momentum to defend following a strong late-week rally.
This matters since the stock has effectively acted as a stand-in for wafer-fab spending — the capital chipmakers allocate for tools and factory equipment — which can shift quickly based on customer capex updates and policy chatter.
The timing coincides with a market holiday, forcing investors to absorb international developments and macroeconomic news without the usual U.S. trading session to adjust prices.
Applied Materials ended Friday at $327.01, gaining 2.49% for the day, after fluctuating between roughly $320 and $330. Trading volume hit around 11.4 million shares. 1
U.S. markets will be closed Monday in observance of Martin Luther King Jr. Day. Normal trading hours pick up again Tuesday. 2
Late last week, the wider semiconductor sector got a boost after Taiwan Semiconductor Manufacturing Co announced a rise in capital spending. This hints at increased demand for suppliers of deposition, etch, and other chipmaking equipment. 4
“That rally got pretty much stamped out this morning after the news from Taiwan Semiconductor,” Alan Lancz, president of Alan B. Lancz & Associates, told Reuters on Jan. 15, commenting on the chip-driven bounce. 5
Applied Materials tracked alongside other chip equipment players like ASML, Lam Research, and KLA during that period, as investors embraced the idea that AI-driven demand is sustaining factory expansions. 6
Tuesday’s outlook isn’t clear-cut. On Monday, a fresh tariff threat from U.S. President Donald Trump shook global markets, driving investors into safe havens and putting pressure on risk assets in futures trading. 3
Applied Materials continues to face a persistent risk from U.S. export restrictions. These curbs have repeatedly weighed on chip equipment makers with significant China ties. The company has already signaled a potential revenue shortfall in fiscal 2026, linked to broader export controls. 7
The next step is straightforward. Traders will see if Tuesday’s opening pushes semiconductor-equipment stocks higher or lets the gains slip. Then, all eyes will turn to Applied Materials’ upcoming quarterly report, scheduled for Feb. 12, according to Nasdaq’s earnings calendar. 8
