Chipmaking
3 stories
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techKLA Corp Surpasses Revenue Estimates Fueled by AI Chip Demand
KLA Corp forecasts strong quarterly revenue driven by surging demand for AI chipmaking tools. Shares react to guidance amid market expectations.
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techKLA Corp Predicts Robust Quarterly Revenue Fueled by AI Chip Demand
KLA Corp forecasts strong quarterly revenue, surpassing estimates, as AI-driven demand for advanced semiconductor manufacturing tools accelerates. The company's outlook reflects the critical role of its technology in high-end processor production.
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financeActivist Fund Palliser Targets SMC Corp with $3.8 Billion Buyback Proposal
Activist investor Palliser Capital has acquired a stake in Japan's SMC Corp, proposing a substantial $3.8 billion share buyback to boost the undervalued factory automation firm.