KLA stock jumps after TSMC capex signal and fresh Wall Street upgrades — what investors watch next
KLA shares surged 7.7% to $1,544.96 in after-hours trading Thursday after TSMC raised its 2026 capital spending forecast to as much as $56 billion. Analysts at Wells Fargo, Stifel, and Bernstein SocGen lifted price targets for KLA ahead of its Jan. 29 earnings report, citing strong demand for advanced chipmaking tools.