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KLA Corporation stock rises as Barclays lifts chip-equipment outlook ahead of investor day
KLA Corporation’s stock rose after Barclays significantly increased its forecast for chipmaking equipment spending, citing strong demand from AI data centers. This positive outlook comes just before KLA’s investor day, where the company is expected to present updated targets and plans. Analysts anticipate new advanced packaging products and focus on KLA’s process-control intensity and market-share gains at the event.