The Latest Breaking News from KLA Corporation

Despite KLA Corporation consistently outperforming the technology sector, Wall Street analysts remain cautiously optimistic about the stock’s outlook.

The chip sector is expected to demonstrate strength, owing to soaring demand for chips across different sectors and rapid technological advancements. Therefore, investors could look to add fundamentally strong chip stocks KLA (KLAC), STMicroelectronics (STM), and ASE Technology (ASX) to their watchlist. Read on.

The semiconductor industry’s growth prospects look promising thanks to the soaring chip demand across various end-use sectors and the rising penetration of AI, IoT devices, and machine learning. Therefore, it could be wise to buy quality chip stocks, KLA (KLAC), Taiwan Semiconductor Manufacturing (TSM), and Everspin Technologies (MRAM) to spark…

Heightened government support and robust demand for consumer electronics are fuelling the semiconductor industry. So, let us analyze which of the leading semiconductor stocks among Broadcom (AVGO) and KLA Corporation (KLAC) is likely to thrive this week. Keep reading.

While macroeconomic challenges have impacted the chip industry, its long-term prospects remain optimistic. Therefore, chip stocks Lam Research (LRCX), KLA (KLAC), and NVIDIA (NVDA), which are gaining momentum, could be sound watchlist additions now. Read on.

While KLA Corporation (KLAC) accelerated its share repurchase program, citing the rapidly growing semiconductor industry and its strengthening operational performance, we think STMicroelectronics N.V. (STM) is a better buy right now based on its various innovations across its product line and several other strategic initiatives to boost its performance. Read…

B. Riley Securities cut American Eagle Outfitters, Inc. (NYSE: AEO) price target from $22 to $13. American Eagle Outfitters shares fell 1% to $11.74 in pre-market trading.

While the world is grappling with a continuing semiconductor chip shortage, semiconductor manufacturing companies are benefiting from high prices. In addition, rising government and private investments to address the supply crunch position the semiconductor industry for solid growth. So, semiconductor companies Applied Materials (AMAT) and KLA Corporation (KLAC) should benefit…

Continued Ukraine-Russia war, soaring inflation, and the anticipated aggressive interest rate hikes later this year have made the stock market extremely volatile lately. Amid these circumstances, it could be wise to invest in high-quality stocks KLA Corporation (KLAC), Mettler-Toledo (MTD), Dolby (DLB), and Waters (WAT), which are down more than…

The stock market has been exhibiting immense volatility of late due to escalating economic sanctions on Russia in response to its invasion of Ukraine, inflationary pressures, and supply chain disruptions. However, some growth-focused companies should be able to capitalize on the steady economic recovery this year. Microsoft (MSFT), Alphabet (GOOGL),…

Advanced Micro Devices (AMD) is a well-established player in the industry, but the stock could face some headwinds in the near term. Therefore, quality semiconductor stocks Texas Instruments (TXN), Applied Materials (AMAT), and KLA Corporation (KLAC) could be better bets to capitalize on the industry tailwinds.