Semiconductor stocks stumble after KLA rout — what to watch before Monday’s open
The Philadelphia Semiconductor Index fell 3.9% to 7,998.47 Friday, led by a 15.2% plunge in KLA shares despite the company beating estimates. Apple warned of rising memory-chip costs, while investors weighed Trump’s pick of Kevin Warsh for Fed chair and a hotter producer-price report. Nvidia CEO Jensen Huang confirmed plans for a major OpenAI investment. Key chip earnings reports are due next week.