30 AI News Investors Should Not Miss

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25. KLA Corporation (NASDAQ:KLAC)

Number of Hedge Fund Holders: 55  

KLA Corporation (NASDAQ:KLAC) markets process control and yield management solutions for the semiconductor industry. Investment firm Cantor Fitzgerald recently released a research note on the semiconductor market, proactively cutting official wafer fab equipment estimates to get ahead of the fact that wafer fab equipment spending coming in lower-than-expected, and reflect other industry developments, like continued TSMC strength, Intel pushouts, Samsung Taylor delays, and ongoing NAND softness. Analysts led by CJ Muse predict 2025 wafer fab equipment spending at $105 billion, down from a prior outlook of $115 billion. They also tweaked their forecast for 2026 to be $115 billion, down from a prior range of $115 billion to $125 billion. Per the analysts, this would impact the earnings of several semi firms, including KLA Corporation (NASDAQ:KLAC), which would earn $32 and $37 per share in 2025 and 2026 according to new forecasts.

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