🟢 KLAC is trading 4.4% up today after CFO flags strong demand and high visibility

KLAC is trading 4.4% up at $1,971.55, outperforming the broader semiconductor sector rally after positive commentary from its CFO.

• At a JPMorgan conference, CFO Bren Higgins said KLA is seeing stronger momentum than expected across its markets and has unusually high visibility into 2027 due to new fab construction.
• Higgins noted the outlook for wafer fab equipment spending continues to improve, now viewed as “$140 billion-plus” for the year with likely upside.
• The move also comes amid a broader risk-on tone and continued strength in the chip sector, with many semiconductor stocks rallying today.