KLA Corporation is trading 4.5% up at $2,232.00 in pre-market, extending this week’s sharp rebound after recent volatility in semiconductor and AI-related names.
- Cantor Fitzgerald raised its price target for the stock to $2,500 from $2,000, citing strong semiconductor spending as a key driver for future growth.
- The upward move comes amid broadly higher U.S. futures, with the technology sector leading gains across the market.