KLA stock rises again after TSMC’s spending outlook jolts chip-tool names

KLA Corp shares gained on Friday, rising around 1.6% to $1,569.45 after hitting $1,591.49 earlier. The stock is extending a strong rally from Thursday, now up about $24.49 since the previous close.

Dow, S&P 500 rebound as TSMC sparks chip rally and big-bank earnings lift Wall Street

Dow, S&P 500 rebound as TSMC sparks chip rally and big-bank earnings lift Wall Street

U.S. stocks rose on Thursday, snapping a two-day losing streak, as Taiwan Semiconductor Manufacturing Co’s upbeat outlook lifted chip shares and Goldman Sachs and Morgan Stanley climbed after quarterly results. The S&P 500 gained 0.26%, while the Dow rose 0.60% and the Nasdaq added 0.25%. Jake Dollarhide of Longbow Asset Management said the market had been “growth, tech or bust,” while Alan Lancz of Alan B. Lancz & Associates said TSMC’s forecast helped tamp down valuation worries.
Dow Jones futures edge higher after TSMC forecast, with banks back in focus

Dow Jones futures edge higher after TSMC forecast, with banks back in focus

Dow Jones Industrial Average futures nudged up early Thursday after Taiwan Semiconductor Manufacturing Co. projected strong growth and hinted at expanding U.S. manufacturing capacity, boosting semiconductor stocks. By 5:03 a.m. ET, Dow E-minis had gained 31 points, or 0.06%, while S&P 500 E-minis climbed 0.32% and Nasdaq 100 E-minis jumped 0.74%. Applied Materials surged 6.2%, Lam Research added 5.4%, and KLA was up 5%, ahead of earnings reports from Goldman Sachs, Morgan Stanley, and BlackRock.
KLA stock notches new 52-week high as chip-tool shares firm; Susquehanna lifts target

KLA stock notches new 52-week high as chip-tool shares firm; Susquehanna lifts target

KLA Corp 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 jumped roughly 2.0%, while Lam Research added nearly 1.0%, boosting the iShares Semiconductor ETF by about 0.5%.
Lam Research stock (LRCX) jumps on Mizuho target hike — what to watch into Monday and the week ahead

Lam Research stock (LRCX) jumps on Mizuho target hike — what to watch into Monday and the week ahead

Shares of Lam Research surged 8.7% on Friday following Mizuho’s boost of its price target to $220 from $200. The PHLX semiconductor index climbed 2.7%, hitting a new high. “Investors are getting granular and picking the winners and losers,” said Zachary Hill, head of portfolio management at Horizon Investments.
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