Applied Materials Shares Jump 7.7% on TSMC Price Hike and IQE Guidance

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Summary · why it matters

Shares of Applied Materials rose 7.7% in morning trading after peer Taiwan Semiconductor Manufacturing announced plans to raise chipmaking prices by up to 10% starting in 2027 and wafer supplier IQE plc raised its guidance. The developments reaffirmed robust demand for AI and data-center chips, with industry forecasts projecting that global chipmaking equipment sales could reach a record high by 2028. As a key supplier of advanced chipmaking tools, Applied Materials stands to benefit from this growth, underscored by Taiwan Semiconductor's $100 billion expansion plan in Arizona.

Impact on stocks 5

Semiconductors▲ · 4 stocks
Applied Materials Inc
AMAT
▲ PositiveDemandrelevance

TSMC's price hike and IQE's guidance signal strong AI/demand for chipmaking tools, benefiting Applied Materials as a key supplier.

IQE PLC
IQE
▲ PositiveDemandrelevance

IQE raised its guidance, indicating strong demand for its wafer products.

Artificial Intelligence▲ · 1 stocks

Theme Impact 3

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