KLA (KLAC) Surges 4.9%: Is This an Indication of Further Gains?

KLA (KLAC) shares ended the last trading session 4.9% higher at $604.62. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 19% loss over the past four weeks.KLAC is benefiting from strong demand in leading-edge logic, high-bandwidth memory (HBM), and advanced packaging, which are driving growth in the semiconductor industry.This maker of equipment for manufacturing semiconductors is expected to post quarterly earning ...