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LRCX's 16% monthly fall contrasts with record revenues, strong AI equipment demand and rising earnings, strengthening the case for buying the stock.

Wall Street Selloff Deepens as Oil Soars and Fed Decision Looms

Susquehanna analyst Mehdi Hosseini believes the company’s growth is constrained even as KLA issues an upbeat forecast.

Semiconductor equipment vendor KLA beat Wall Street's targets for its fiscal Q4 and with its outlook. But KLAC stock fell.

The company still holds a significant edge in production capabilities compared with Chinese counterparts, an analyst says.

In the latest trading session, KLA (KLAC) closed at $214.69, marking a -1.32% move from the previous day.

ARM’s stock saw the largest price target cut, though UBS reiterated its 'Buy' rating and retained 'Neutral' ratings for both Qualcomm and KLA.

The S&P 500 Index ($SPX ) (SPY ) today is down -1.06%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.23%. September E-mini S&P futures (ESU26 ) are down -0.95%, and September E-mini Nasdaq futures...

The semiconductor ETF iShares SMH is down nearly 7% for the week as investors question AI spending sustainability

Semiconductor Stocks Tumble as SK Hynix Weakness Ripples Through the Sector

Reuters reported on Thursday that Meta plans to begin manufacturing its AI chip starting in September, lifting ancillary firms' shares, but the rally fizzled.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.43%. September E-mini S&P futures (ESU26 ) are down -0.25%, and September E-mini Nasdaq futures...

(Updates with index/price moves, macroeconomic data and geopolitical news from the first paragraph.)

A number of stocks fell in the afternoon session after a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion rattled the AI-chip complex.

The latest trading day saw KLA (KLAC) settling at $1, representing a -9.47% change from its previous close.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.90%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.85%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.40%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. June E-mini S&P futures (ESM26 ) are down -0.48%, and June E-mini Nasdaq futures...

A number of stocks fell in the afternoon session after hot April CPI sent Treasury yields higher, eliminating 2026 rate-cut hopes, a direct headwind for high-multiple growth stocks.

The S&P 500 Index ($SPX ) (SPY ) today is down -1.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.96%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.64%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...

Every spring, Wall Street recycles its favorite piece of advice: “Sell in May and go away.” It’s tidy, it rhymes, and for a lot of traders, it’s gospel. But here’s what it leaves out — the actual data. And right now, the data is telling a very different story. The “sell in May” rule was born in a slower era, when summer trading volumes dropped, desks sat empty, and the broad indexes drifted. That market no longer exists. Today’s market moves in sectors, rotates aggressively, and doesn’t wait for

Semiconductor equipment vendor KLA beat estimates for its fiscal third quarter and with its outlook for fiscal Q4. But KLAC stock fell.