KLA stock notches new 52-week high as chip-tool shares firm; Susquehanna lifts target
New York, Jan 12, 2026, 21:02 ET — Market closed KLA Corp (KLAC.O) shares climbed 2.0% Monday, closing at $1,428.17—a fresh 52-week high that topped the previous peak of $1,406.97 from Jan. 6. Trading volume hit 854,084 shares, below the 50-day average, even as the S&P 500 and Dow finished slightly higher. Applied Materials (AMAT.O) jumped roughly 2.0%, while Lam Research (LRCX.O) added nearly 1.0%, boosting the iShares Semiconductor ETF (SOXX.O) by about 0.5%. (MarketWatch) The move is significant since KLA operates in process control—providing tools that inspect and measure wafers to detect defects and boost manufacturing yields. As chipmakers