KLA forecasts current-quarter revenue above estimates on AI boom
October 25, 2023Oct 25 (Reuters) – Chipmaking equipment supplier KLA (KLAC.O) on Wednesday forecast second-quarter revenue above Wall Street estimates, boosted by growing adoption of artificial intelligence tools that require sophisticated processors.
Shares of the Milpitas, California-based company rose 1.6% to $462.01 in trading after the bell.…
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