KLA stock price holds near $1,500 as Intel slump and earnings countdown drive volatility
KLA shares hovered near $1,500 after an early drop of over 3%, pressured by Intel’s 17% slide and weak outlook for server chips. Investors await KLA’s Jan. 29 results for signals on chipmaker spending. Applied Materials rose 0.6%, while Lam Research and ASML slipped. KLA remains about 5% below its Jan. 16 high.