** Chipmaking equipment supplier KLA Corp's KLAC.O shares rise 6.2% to $1,523.50 premarket

** RBC initiates coverage with "sector perform" rating

** Sets PT at $1,550, implying upside of 8.1% to stock's last close

** Avg. rating of 31 analysts is "buy;" their median PT is $1,400 - data compiled by LSEG

** In 2025, stock gained 92.83%

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))