On August 25, KLA Corporation rose 3.13% in pre-market trading, trading at $187.39/share, with turnover of $2.4029 million. The rebound comes after the stock fell over 3% in the prior session due to executive share sales and sector-wide pressure.
On the news front, semiconductor equipment stocks staged a broad recovery, supported by an upbeat industry outlook. SEMI forecast that global semiconductor equipment sales will reach a record $165.9 billion in the current year, representing a 23.2% year-over-year increase, with continued growth expected over the next three years driven by AI-related capital expenditure. Additionally, SK Hynix announced plans to invest $38.4 billion in new wafer fabrication facilities to meet surging AI-era memory chip demand, further reinforcing the capital spending upcycle benefiting equipment makers.
Within the Semiconductor Equipment sector, stocks rose broadly. Among individual names, Applied Materials gained 2.58%, Lam Research rose 3.29%, ASML Holding added 1.39%, Teradyne climbed 3.04%, and AXT Inc surged 6.08%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)