# Applied Materials (AMAT): Shares slide after investor day skips a chip equipment spending forecast

> Applied Materials fell roughly 7-8% on Tuesday after its investor day stopped short of a wafer fab equipment spending forecast. Lam Research and KLA…

- URL: https://centiview.com/post/applied-materials-amat-shares-slide-after-investor-day-skips-wfe-spending-forecast
- Published: 2026-10-13T19:10:00.000Z
- Sectors: Semiconductors, Technology & AI
- Region: US
- Ticker: AMAT
- Sentiment (opinion, not a recommendation): bearish
- Publisher: Centiview (Persie Ltd, London)
- General information only, not financial advice

Applied Materials fell roughly 7-8% on Tuesday after its investor day stopped short of a wafer fab equipment spending forecast. Lam Research and KLA each dropped about 4%. CEO Gary Dickerson still expects computing demand to keep growing quickly.

> **Why it matters** Equipment makers have run hard on AI chip demand. With no industry spending number from management, investors took profits, and the group fell far more than the wider chip index.

> **What we verified** Investing.com reports AMAT down about 7.5% at $461.50 (low $452.81) as management gave no WFE forecast, citing factory space, supply chains and energy financing. 24/7 Wall St also has AMAT down 7%, Lam and KLA down 4%, with profit-taking as the stated reason.

### Sources
- [Applied Materials shares slide as chip equipment outlook remains uncertain (Investing.com)](https://www.investing.com/news/stock-market-news/applied-materials-shares-slide-as-chip-equipment-outlook-remains-uncertain-4947269)
- [Semiconductor Equipment Stocks Slide as Investors Take Profits on a Huge Year (24/7 Wall St)](https://247wallst.com/investing/2026/10/13/semiconductor-equipment-stocks-slide-as-investors-take-profits-on-a-huge-year-applied-materials-sinks-7-lam-research-and-kla-drop-4/)