KLA is trading 6.4% up today at $183.23 as shares rebound from a sharp two-day selloff following its recent earnings report.
- The recovery follows a beat-and-raise quarter and strong AI-driven guidance, helping shares bounce back from a post-earnings slump despite the initial negative reaction.
- A broad semiconductor sector rally is providing additional tailwinds as major chip equipment peers climb on positive industry-wide earnings.
- Today's move helps reverse a significant portion of the recent rout seen across AI infrastructure-related stocks.