Why Is Applied Materials (AMAT) Stock Down 6.69% Today, Oct 13? Missing Spending Forecast and Equipment-Sector Weakness Hit AMAT

Applied Materials (AMAT) fell 6.69% to $464.24 on October 13, 2026, as its Investor Day lacked a near-term WFE forecast while a global semiconductor selloff added pressure. This draft reviews the daily outlook, the limits of those explanations and the technical levels that may shape the next move.