KLA Corporation is trading 5.7% up at $2,039.64 as shares rebound from the sharp semiconductor-sector sell-off on June 5 that followed Broadcom’s post-earnings slide.
- The move comes alongside a broader risk-on tone in equities, with major indices trading higher today.
- Investors are selectively buying back high-quality chip names after last week’s pullback, which was driven by interest rate jitters.