KLA Corp (NASDAQ: KLAC) stock soared 9.2% through 1:15 p.m. ET Thursday after one of its biggest customers for semiconductor manufacturing equipment, Taiwan Semiconductor Manufacturing Company (NYSE: TSM), reported strong Q4 2025 earnings.
TSMC earned $2.98 per share on sales of $32.7 billion, blowing away estimates. AMD forecast "strong demand for our leading-edge process technologies" in Q1 2026, which should bode well for KLA's sales as well.
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