On September 17, KLA Corporation rose 3.53% in regular trading, trading at $170.045/share, with turnover of $63.81 million, rebounding after consecutive sessions of sharp declines.

On the news front, JPMorgan raised its growth forecast for the wafer fabrication equipment market, lifting the projected growth rate for the current year from 28% to 31% (approximately $163 billion) and next year from 29% to 38% (approximately $225 billion), with a three-year compound annual growth rate reaching 28%. The upgraded outlook provides fundamental support for the semiconductor equipment sector.

KLA Corporation had previously come under sustained pressure, falling 7.15% on September 14 after UBS cut its target price from $215 to $200 while maintaining a neutral rating, compounded by escalating US-China trade friction and tightened semiconductor export controls. The broader semiconductor equipment sector saw a collective rebound, with AXT Inc up 5.12%, Aehr Test up 4.96%, Lam Research up 1.41%, ASML Holding up 1.36%, and Applied Materials up 1.36%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)