Applied Materials is trading at $96.00 (+10.73%) as investors continue responding to its ₹3,600 crore Karnataka investment announced ahead of September 21, 2026.
- Bengaluru project covers semiconductor-equipment manufacturing, research and development, software, and approximately 1,000 jobs.
- Reuters reported the broader $5 billion India investment plan through 2035.
- Semiconductor stocks and major technology indices are also trading higher amid semiconductor strength and constructive market sentiment, extending the positive reaction to September 18 coverage.