KLAC is trading 5.21% up at $1,831.24 after management highlighted record business visibility and a strong 2026 growth backdrop at the J.P. Morgan Global Technology, Media and Communications Conference.
- CFO Bren Higgins pointed to upside in the wafer fab equipment market and a constructive demand environment, which is lifting sentiment despite broader bond-yield volatility.
- The move comes as tech stocks rebound with the Nasdaq higher as investors await Nvidia's upcoming earnings results.