🟢 Applied Materials is trading 7.37% up today as chip stocks rebound after Thursday’s AI-driven selloff

Applied Materials is trading at $342.79, up 7.37%, as chip stocks rebound after Thursday’s AI-driven selloff.

• Chip stocks recovered after Thursday’s selloff; Applied Materials was among chipmakers rising more than 6% in premarket trading.
• The earlier selloff reflected investor concerns about potential AI regulation and data-center construction restrictions. Reports did not identify a new company-specific catalyst for the rebound.
• No trading-volume information was provided.