KLA Corporation was upgraded to a buy rating due to strong semiconductor demand and optimistic Q1 FY2027 guidance projecting 25% revenue growth with stable gross margins. Although Q4 revenue grew 15% year-over-year, margin contraction signaled potential cost pressures. The outlook is supported by TSMC's increased capital expenditure and a long-term semiconductor super-cycle, though exposure to China remains a risk. This upgrade reflects accelerating business momentum and improved profitability prospects for KLA.
Applied Materials reported record fiscal Q3 revenue of $9.1 billion and EPS of $3.50, beating expectations with strong growth in semiconductor systems and DRAM revenue. However, shares fell 5.7% premarket as Q4 revenue and margin guidance, while stro...
ASML shares dropped over 7% after reports that a Chinese firm began mass-producing DUV lithography tools, raising concerns about competition and U.S. export restrictions. Despite this, ASML posted strong Q2 results with 21.25% revenue growth and rais...
