Semiconductor technology supplier Applied Materials (AMAT) saw its stock surge around 12% in after-hours trading thanks to the accelerating AI investment wave. The near-$300 billion company’s Q1 2026 results comfortably beat market expectations. Moreover, these results underscore the growing strength of AI-driven chip demand. The Santa Clara-based company reported Q1 non-GAAP earnings per share of … Continue reading AI splurge sparks Applied Materials double-digit stock surge