KLA Corporation (KLAC) Set to Capitalize on CHIPS Act and AI Growth, Reports Strong AI Services Revenue and Anticipates Memory Market Recovery by 2025

By Yahoo! Finance | Oct 12, 2024 at 03:13 PM EST

The article discusses the performance of KLA Corporation among trending AI stocks. Analysts expect S&P 500 earnings to slow down, with tech and communication sectors leading growth. The impact of AI investments on company earnings and stock valuations is under scrutiny, with the semiconductor sector playing a key role.

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