Why Is Applied Materials (AMAT) Stock Price Down 8.40% Today, July 29? Broad Chip Selling Hits Equipment Shares

Applied Materials (AMAT) fell exactly 8.40% to $436.45 on July 29, 2026 as a broad semiconductor selloff hit equipment shares without a same-session company-specific warning. Read the daily analysis of Applied Materials' semiconductor-cycle outlook, momentum risk and key technical levels.

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