Applied Materials is trading up 3.17% at $114.00 on October 2, 2026, after expanding its strategic partnership with Besi.
- The October 1 announcement covers work on next-generation semiconductor packaging and interconnect technologies for AI applications.
- Semiconductor-sector strength, with Micron earnings sentiment in focus, may also be supporting the move.
- A broader market rebound followed softer-than-expected jobs data, which lifted stocks as rate-hike expectations eased.