🟢 Applied Materials is trading 5.3% up today on its announced $5 billion India investment plan

Applied Materials is trading 5.29% up now at $97.50 as investors continue responding to its announced $5 billion, decade-long India investment plan.

• The initiative includes a 140-acre research park, expanded local supply-chain capacity, and workforce growth, reinforcing its semiconductor strategy.
• The move is also supported by a broader chip-sector rally, with SOXX up 2.62%, alongside improving AI-spending sentiment and lower yields.