We introduce and investigate the stochastic dynamics of the density of loca
l extrema (minima and maxima) of nonequilibrium surface fluctuations. We gi
ve a number of analytic results for interface fluctuations described by lin
ear Langevin equations, and for an-lattice, solid-on-solid surface-growth m
odels. We show that, in spite of the nonuniversal character of the quantiti
es studied, their behavior against the variation of the microscopic length
scales can present generic features, characteristic of the macroscopic obse
rvables of the system. The quantities investigated here provide us with too
ls that give an unorthodox approach to the dynamics of surface morphologies
: a statistical analysis from the short-wavelength end of the Fourier decom
position spectrum. In addition to surface-growth applications, our results
can be used to solve the asymptotic scalability problem of massively parall
el algorithms for discrete-event simulations, which are extensively used in
Monte Carlo simulations on parallel architectures.