KLA Corp. rose in the extended session Wednesday after it became the third chipmaking-equipment manufacturer to post a beat-and-raise quarter this earnings season amid a quarter rife with profit warnings Read more
Tag: KLAC
Early chip earnings provided a sigh of relief, but two more big tests are coming
Early chip-industry earnings reporters have provided a sigh of relief in a sector where many companies have slashed forecasts, but there are more big tests in the days ahead. Texas Read more
U.S. suppliers halt operations at top Chinese chip maker ahead of new restrictions
U.S. chip-equipment suppliers are pulling out staff based at China’s leading memory-chip maker and pausing business activities there, according to people familiar with the matter, as they grapple with the Read more
Here are the companies and sectors that are most vulnerable to the strong dollar this earnings season
Since roughly 40% of S&P 500 companies’ sales are generated abroad, equity strategists expect the strong U.S. dollar will weigh heavily on corporate earnings as the third-quarter corporate reporting season Read more
KLA stock declines as part of forecast earnings range falls below Street consensus
KLA Corp. shares slipped in the extended session Thursday after the chip-equipment maker reported a big earnings beat but part of its forecast earnings range for the current quarter fell Read more
There may be another shoe to drop after Micron’s big outlook miss
Micron Technology Inc. delivered an outlook that fell far short of the consensus view, prompting questions about how the memory market will fare in a downturn. The company expects August-quarter Read more