The Latest Breaking News from KLA Corporation

As Fed Chair Powell might say, the semiconductor sector's recent pullback represents a recalibration rather than the start of a downturn. With foundational support from AI advancements and a stabilizing economy, investors might want to buy the dip on these chip stocks.

KLA Corporation has outperformed the broader market over the past year, and Wall Street analysts are moderately bullish about the stock’s prospects.

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…