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KLA Corporation (KLAC) Stock Is Up, What You Need To Know [Yahoo! Finance]
Last micron technology, inc. earnings: 3/25 04:01 pm
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US:NASDAQ Investor Relations: investors.micron.com
The positive sentiment came after the investment firm identified KLA alongside industry leaders Nvidia and Broadcom. The recommendation noted a shift in investor interest toward companies with sustainable demand from the build-out of AI infrastructure. KLA's stock also benefited from a wider rebound among chipmakers, which followed a strong forecast from memory-chip maker Micron Technology. Micron's upbeat outlook was driven by surging demand and supply shortages, which allowed the company to charge more for its products and lifted sentiment for peers like KLA and Applied Materials. After the initial pop the shares cooled down to $1,225, up 4.5% from previous close. Is now the time to buy KLA Corporation? Access our full analysis report here KLA Corporation's shares are somewhat volatile and have had 14 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its
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