KLA's Shares Plunge 14% in 3 Months: Should You Buy, Sell or Hold?

KLA Corporation’s (KLAC) shares have lost 13.7% over the past three months, underperforming the broader Zacks Computer and Technology sector’s return of 9.4%.KLA's underperformance can be attributed to challenges in its PCB and Component Inspection segment. Export controls and geopolitical tensions are other headwinds.However, the rising demand for advanced packaging, which enhances process control intensity, has been a positive development for KLAC. Increased investments across multiple nodes and higher ca ...