KLAC Stock Recent News

The company is in the middle of a political storm concerning sales of high-performance chips and equipment across the Pacific Ocean.

KLAC's shares are driven by strong demand for advanced wafer inspection, but competition and macro uncertainties pose challenges ahead.

New portfolio drives chip performance with panel-based interconnect innovation KLA is extending the capability of the proven Corus™ direct imaging platform and introducing the Serena™ direct imaging platform to support mainstream and advanced IC substrate lithography requirements New Lumina™ inspection and metrology systems further equip IC substrate (including glass core) and panel-based interposer makers to efficiently build advanced products with high quality and yield MILPITAS, Calif. , Oct. 15, 2024 /PRNewswire/ -- Today KLA Corporation (NASDAQ: KLAC) introduced the industry's widest breadth of process control and process-enabling solutions for IC substrate (ICS) manufacturing.

On September 30, 2024, Vanguard Group Inc, a prominent investment firm, expanded its portfolio by acquiring an additional 101,920 shares of KLA Corp (KLAC, Financial), a leader in the semiconductor industry. This transaction, executed at a price of $774.41 per share, increased Vanguard's total holdings in KLA Corp to 13,398,832 shares.

Shares of KLA Corp (KLAC, Financial) surged 4.27% in mid-day trading on Oct 2. The stock reached an intraday high of $785.88, up from its previous close of $753.70.

The latest trading day saw KLA (KLAC) settling at $774.41, representing a -1.02% change from its previous close.

KLA's defect inspection and metrology equipment are essential for economically manufacturing advanced chips. The company returns value to investors through dividends and highly accretive share repurchases. KLA's current P/E ratio of 39.15 is significantly above its historical median, indicating potential overvaluation.

KLA (KLAC) reachead $758.85 at the closing of the latest trading day, reflecting a -1.76% change compared to its last close.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

KLA Corporation (NASDAQ:KLAC ) Goldman Sachs Communacopia + Technology Conference 2024 September 11, 2024 12:30 PM ET Company Participants Bren Higgins - EVP and CFO Ahmad Khan - EVP and President, Semiconductor Process Control Conference Call Participants Toshiya Hari - Goldman Sachs Toshiya Hari Great. We'd like to get started.