Applied Materials is trading 3.02% up at $430.01 after announcing a planned $5 billion investment in India over the next decade.
- The strategy includes a 140-acre research park, expanded semiconductor research, workforce development, and a tenfold increase in local supply-chain capacity.
- SOXX is up 2.78% amid renewed AI optimism and positive industry developments, supporting a broad semiconductor rally.
- Trading is active during the open, while the broader market remains comparatively mixed.