KLA Corporation (KLAC) remains an attractive investment target for a range of shareholders, despite significant fluctuations in the market. Stock transactions involving KLAC are frequent and varied, ranging from
Rockefeller Capital Management divesting KLA shares to
CreativeOne Wealth and
Fisher Asset Management bolstering their KLA holdings. Multiple financial institutions, including
MetLife Investment Management and
Daiwa Securities Group, have significant stakes in KLA.
The corporation has demonstrated impressive growth in the last five years, returning over
307% to investors. KLA's aggressive expansion plans include a new,
$200 million manufacturing facility in Singapore. Despite temporary market cap declines and potential short-term obstacles, KLA has shown resilience, and experts expect
long-term growth. Its shares have risen
11% YTD, and the ongoing semiconductor demand forecasts a positive outlook for the company, with KLA's AI Services Revenue strong and a Memor Market Recovery expected by 2025. KLAC is also expected to capitalize on the
CHIPS Act and continued
AI growth, further solidifying its place in the booming tech market.
Kla Corporation KLAC News Analytics from Mon, 10 Jun 2024 07:00:00 GMT to Sat, 30 Nov 2024 11:24:35 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor -6
