KLA is trading at $228.50 (3.3% up) in pre-market, continuing a rebound after its recent 10-for-1 stock split and subsequent volatility.

  • The company's recent 9.2% raise in quarterly EPS guidance, citing AI demand, is a key factor supporting the recovery.
  • The move also appears to be part of a broader recovery in semiconductor names following a period of profit-taking.