U.S. Stock Night Market Movements

Applied Materials fell 3.03% in the night market. Based on recent news,

1. On July 21, market analysts pointed out that Applied Materials failed to make the list of five stocks recommended by top analysts. Although it is currently rated as "moderate buy," this may weaken investor confidence, leading to a decline in stock prices.

2. On July 21, market analysts expressed concerns about the vulnerability of revenue related to China, especially if the U.S. government implements broader and more aggressive technology export restrictions, which could pose structural risks to Applied Materials' revenue and further depress stock prices.

3. On July 22, market analysts noted that investors should take profits when stock prices are too high. The recent price correction was described as "severe." Although the fundamentals of AI and technology companies remain intact, short-term selling pressure is significant. The semiconductor industry is currently facing policy and market volatility risks.

Stocks with High Trading Volume in the Industry

KLA fell 2.75% in the night market. Based on recent news,

1. On July 21, UBS lowered KLA's target price from $255 to $240, maintaining a "neutral" rating. This move reflects market concerns about the company's future profitability, leading to a decline in stock prices.

2. On July 22, the U.S. Department of Commerce expanded export restrictions on semiconductor manufacturing equipment, particularly targeting the inspection and measurement tools where KLA holds a dominant market share, threatening the company's long-term international sales and increasing market uncertainty.

3. On July 20, market sentiment indicated that KLA's stock sentiment was turning "bearish." Despite strong demand, investors are cautious about future performance, further exacerbating stock price volatility. The semiconductor industry faces policy risks, and market sentiment is cautious.

ASML fell 0.93% in the night market. Based on recent key news:

1. On July 17, ASML's stock price fell 2.51% after releasing a strong quarterly report, echoing the sell-off in the chip sector. The Philadelphia Semiconductor Index recorded its largest weekly decline in over a year, confirming entry into a technical bear market. Analysts pointed out that concerns about a potential slowdown in AI spending have intensified, leading to a decline in stock prices.

2. On July 20, the proposed "MATCH Act" in the U.S. Congress may further restrict ASML's exports of deep ultraviolet lithography machines and related services to China, directly impacting about 20% of ASML's revenue from its business in China this year. The Dutch government has expressed diplomatic opposition to this.

3. On July 21, ASML announced the launch of a retention bonus program to address the talent competition in the global semiconductor industry. This move aims to retain key talent and support the company's long-term development. AI demand is strong, and semiconductor capacity expansion is accelerating.

Lam Research fell 2.30% in the night market. Based on recent key news:

1. On July 20, Oppenheimer listed Lam Research as a preferred stock in its momentum stock recommendations, believing that its market share in the semiconductor equipment sector will continue to expand. This report boosted Lam Research's stock price slightly by about 1% in pre-market trading. Source: Oppenheimer

2. On July 21, the market's intensified competition in the atomic layer deposition field has led to price pressure, which may erode Lam Research's competitive advantage in the 3nm node manufacturing cycle. Source: MarketBeat

3. On July 19, analysts at MarketBeat rated Lam Research as "Moderate Buy," but it was not included in the top recommendations list, indicating insufficient market confidence in its future performance. Source: MarketBeat The competition in the semiconductor industry is intensifying, and market dynamics need to be monitored