Top 10 Trending AI Stocks on Wall Street

8. KLA Corporation (NASDAQ:KLAC)

Number of Hedge Fund Holders: 61     

KLA Corporation (NASDAQ:KLAC) markets process control and yield management solutions for the semiconductor industry. On January 17, Barclays analyst Tom O’Malley lowered the firm’s price target on KLA Corp. (KLAC) to $700 from $750 and kept an “Equal-Weight” rating on the shares. The rating, issued as part of a 2025 outlook for the semiconductors and semiconductor capital equipment sector, revealed that the market is going to be divided into companies that benefit from artificial intelligence and those that do not. As such, the firm is more selective in its AI preferences, preferring those with proprietary serializer/deserializer technology.