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?

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
- Yahoo Finance AMAT: https://finance.yahoo.com/quote/AMAT
- Yahoo Finance AVGO: https://finance.yahoo.com/quote/AVGO
- Yahoo Finance INTC: https://finance.yahoo.com/quote/INTC
- CNBC premarket movers Oct 30: https://www.cnbc.com/2026/10/30/stocks-making-the-biggest-moves-premarket-intc-amzn-rddt-cvx.html
- 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
- Business Insider — Alphabet earnings reaction: https://www.businessinsider.com/alphabet-q3-earnings-reaction-revenue-miss-googl-stock-2026-10#article
- 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.
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