KLA Results Top Wall Street Forecasts, Yet Stock Falls on High Expectations
AI-driven demand lifts KLA to $3.66B Q4 revenue and $1.05 EPS beat.
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AI-driven demand lifts KLA to $3.66B Q4 revenue and $1.05 EPS beat.
Teradyne reports record $1.33B Q2 revenue, more than double last year, and beats estimates. Strong AI chip demand drives upbeat Q3 guidance.
Leveraged selling and SK Hynix’s earnings miss wiped $2 trillion from South Korean stocks in two days of record market declines.
Weak volumes, smaller customer base and ongoing losses raise profitability doubts.