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Kulicke and Soffa and KLA Corporation Stocks Trade Up, What You Need To Know
Semiconductor stocks Kulicke and Soffa and KLA Corporation experienced significant gains following strong earnings from Intel and positive industry forecasts, driven by increasing AI demand. KLA Corporation, in particular, jumped 6.4% and hit a new 52-week high, despite recent volatility stemming from U.S. export control updates impacting the semiconductor equipment sector. The broader rally suggests the “AI trade” is extending beyond specialized graphics chips to the wider silicon ecosystem.