Applied Materials stock jumps 4.6% to start 2026 — here’s what could move AMAT next week
Applied Materials shares jumped 4.6% to $268.87 Friday, snapping a two-day slide as chip stocks rallied and the Philadelphia Semiconductor Index rose 4%. Trading volume topped 7.5 million shares, slightly above average. Lam Research and KLA also gained, while ASML surged 8.8% after an analyst upgrade. Investors now await U.S. jobs data Jan. 9 and CPI figures Jan. 13 for rate signals.