Applied Materials CEO Gary Dickerson said the semiconductor industry is experiencing its strongest period ever. He said artificial intelligence is driving unprecedented computing demand and long-term growth.
The Nevada Gaming Commission sued the company over its sports event contracts, and the platform was briefly barred from operating in the state earlier this year, according to Barron's.
Headlines this month have focused on the flashy KLA (NASDAQ: KLAC | KLAC Price Prediction) 10-for-1 stock split, but income investors should look past the cosmetic share count change.
Earlier this week, Elon Musk formally introduced the Terafab Initiative, a chip manufacturing facility located in Texas, designed to create processors for Tesla (TSLA), SpaceX, and xAI.
MILPITAS, Calif., May 7, 2026 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced that its board of directors approved a Ten‑for‑One forward stock split of the company's outstanding shares of common stock—enhancing share accessibility and reinforcing the company's long-term innovation and growth strategy.
KLAC stabilizes after a pullback to key support, reclaiming the 20-day average while facing critical confirmation levels that will determine continuation of its broader uptrend.