Applied Materials, Inc. closed at $412.87 on October 20, 2026, rising 0.87% over the prior 24 hours. The daily uptick offered some relief after a turbulent stretch for the stock.
Despite the single-session gain, AMAT is down 17.02% over the past seven days, a sharp pullback that has pressured the chipmaking equipment manufacturer's market standing. The 30-day picture tells a similar story, with shares off 7.11% over that period.
Applied Materials carries a market capitalization of $324.81 billion, reflecting its standing as one of the largest companies in the semiconductor equipment sector. The recent slide has nonetheless trimmed significant value from the stock over the near term.
The gap between the daily recovery and the deeper weekly and monthly declines signals that AMAT has faced sustained selling pressure even as Tuesday's session provided a modest reprieve.
