🟢 Applied Materials is trading 3.28% up in pre-market after announcing $5 billion investment in India

Applied Materials is trading 3.28% up at $429 after announcing a $5 billion investment in India over the next decade.

• The September 17 announcement at SEMICON India includes a 140-acre research park, expanded supply-chain capacity, and increased workforce development.
• Semiconductor optimism is also supporting the move, with SOXX up 2.60% pre-market amid broader AI and chip-investment enthusiasm.