KLA Corporation Stock (KLAC) News and Forecasts on Dec. 22, 2025: Analyst Upgrades, AI Capex Tailwinds, and China Risk
December 22, 2025 — KLA Corporation (NASDAQ: KLAC) is back in the spotlight heading into the final stretch of 2025, with Wall Street leaning more constructive on the semiconductor process-control leader as the AI-driven equipment cycle extends into 2026 and 2027. Fresh upgrades and raised price targets have added fuel to the rally narrative—yet investors are also weighing a persistent overhang: KLA’s exposure to China and the evolving U.S. export-control framework. Below is what matters for KLAC stock as of 22.12.2025, including today’s headline catalysts, the latest company guidance, and where major forecasts are clustering. What’s driving KLA stock today