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● The company beat estimates on earnings and free cash flow.
● Applied Materials supplies tools across memory, logic and packaging.
● AMD designs processors, graphics chips and AI accelerators.
● The company raised its dividend and announced a new buyback.
● The rally was sparked by SK hynix's record results.
● The gain extended a rally following a record third quarter.
● The drop extended a volatile run with no new company-specific news identified.
● The gain tracked a broader rally in AI-infrastructure names.
● The gain tracked broader buying interest in AI data-center stocks.
● The slide came ahead of the company's fiscal first-quarter report.
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