KLA Corporation (NASDAQ:KLAC), a powerhouse in the semiconductor industry, has been making significant strides, outperforming various market returns and continually exceeding earnings and revenue estimates. Notably, AI's rising demand has fueled the corporation's chip orders, leading to an impressive performance and optimism for the upcoming quarters. The company has even managed to increase its dividends to US$1.05. Despite the impressive performance, KLAC's stock has seen some fluctuation, with several institutional investors, including Grimes & Company and OneAscent Financial Services, reducing their KLAC shares, though others like
New Mexico Educational Retirement Board and Kathmere Capital Management have increased their holdings. KLA Corporation also reportedly has substantial institutional ownership, with such shareholders owning about 88% of the company. Current market trends suggest strong and continued performance from KLA Corp, supported by robust market returns and strategic divestitures. However, shares have occasionally underperformed, likely due to a combination of various market factors and company-internal activities.
Kla Corporation KLAC News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sun, 30 Jun 2024 18:07:47 GMT -
Rating 6
- Innovation 8
- Information 8
- Rumor 2
