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Movers · Semiconductors

Chip Equipment Followed Intel Lower

By AP Dult · AI-assisted · October 30, 2026 · figures as of midday ET

Intel’s outlook was weak — how far did the selling spread into chip equipment names?

Applied Materials and Broadcom Friday Oct 30, 2026 — chip board photo

Photo from site library. Figures: Yahoo Finance / cited wires.

The prints

AMAT $387.48 (−8.11%) as of 12:52 PM ET vs prior close $421.66. [7]

AVGO $323.49 (−6.23%) as of 12:52 PM ET vs prior close $345.00. [8]

INTC $64.64 (−29.79%) as of 12:53 PM ET. [12]

Intel’s guide (CNBC premarket)

CNBC (7:58 AM ET): Intel guided fourth-quarter EPS to $0.25 on revenue $15–$16 billion, below LSEG $0.43 and $17.1 billion. [20]

Company-specific news for AMAT?

No separate Applied Materials company release was confirmed in today’s feed JSON. Treat Friday’s AMAT move as sector follow-through unless a fresh company headline appears.

AI-spend backdrop (NewsAPI)

Steve Eisman on the AI trade tipping point — CNBC [26]

Alphabet earnings reaction — Business Insider [27]

ServiceNow plunge / AI disruption fears — CNBC [28]

Sources

  1. Yahoo Finance AMAT: https://finance.yahoo.com/quote/AMAT
  2. Yahoo Finance AVGO: https://finance.yahoo.com/quote/AVGO
  3. Yahoo Finance INTC: https://finance.yahoo.com/quote/INTC
  4. CNBC premarket movers Oct 30: https://www.cnbc.com/2026/10/30/stocks-making-the-biggest-moves-premarket-intc-amzn-rddt-cvx.html
  5. CNBC — Eisman AI tipping point: https://www.cnbc.com/2026/10/29/steve-eisman-gets-more-conservative-with-portfolio-as-ai-trade-nears-tipping-point.html
  6. Business Insider — Alphabet earnings reaction: https://www.businessinsider.com/alphabet-q3-earnings-reaction-revenue-miss-googl-stock-2026-10#article
  7. CNBC — ServiceNow AI disruption: https://www.cnbc.com/2026/10/29/servicenow-now-earnings-q3-2026.html

Accessed Fri Oct 30, 2026. Public quote pages via Yahoo Finance.

General information and education only.

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