Why Applied Materials (AMAT) stock price slid Friday — and what to watch next week
New York, Jan 31, 2026, 14:55 EST — The market has closed.
- Applied Materials dropped alongside other chip-equipment stocks following a turbulent finish to the week in the semiconductor sector.
- Traders are reassessing chip-factory spending forecasts amid a more volatile macroeconomic environment.
- Attention shifts to a packed earnings slate for tech and chipmakers, with Applied Materials’ results due mid-February.
Applied Materials shares dropped 5.6% to close at $322.32 on Friday, marking a notable slide heading into the weekend. The decline mirrored wider weakness in chip-equipment stocks, where KLA Corporation plunged 15.2% and Lam Research slipped 5.9%. The iShares Semiconductor ETF also retreated…
