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Kulicke and Soffa and KLA Corporation Stocks Trade Up, What You Need To Know
Kulicke and Soffa and KLA Corporation stocks rose following strong earnings from Intel and positive semiconductor industry forecasts. Intel’s 22% growth in its data center business, driven by AI demand, boosted confidence across the semiconductor sector, including AMD, Qualcomm, and ARM. Research firm Omdia also raised its 2026 semiconductor revenue forecast, citing increased demand for memory and data storage components due to AI, further contributing to the positive market sentiment.