Qnity Electronics Installs A KLA Corporation Surfscan SP7XP Unpatterned Wafer Defect Inspection System

Morgan Stanley Maintains Overweight on KLA, Lowers Price Target to $227

Morgan Stanley analyst Shane Brett maintains KLA (NASDAQ:KLAC) with a Overweight and lowers the price target from $253 to $227.

Shares of semiconductor and chip companies are trading higher amid broader technology sector gains after Broadcom's plans to finance up to $60 billion to provide chips for Anthropic. Also, reports suggesting Samsung may raise HBM prices threefold in 2027 underpins demand and pricing power confidence across the sector.

Teradyne Expands Memory Test Portfolio: Can It Beat KLAC & COHU?

Teradyne's memory revenues hit a record $212M in Q2 2026, marking its third consecutive quarter above $200M, driven by strong demand for HBM, DRAM, and NAND testing. The company launched Magnum E2, a next-generation memory test system supporting advanced interfaces like LPDDR6, DDR6, GDDR7, and NAND. Management expects the 2026 memory test TAM to grow over 40% compared to 2025. However, TER stock trades at a premium valuation and faces competition from KLA and Cohu.

Billionaire Investor Dan Loeb’s Third Point Exited 5 Chip Stocks Last Quarter — Here’s How They’re Performing Today

Dan Loeb’s Third Point exited five semiconductor holdings in Q2, while several of the stocks have since gained.

Mizuho Maintains Outperform on Qnity Electronics, Lowers Price Target to $160

Shares of semiconductor and chip-related companies are trading lower after AI executives signaled that the industry's growth may need to be slowed. The industry is also facing pressure as oil prices spike in reaction to the escalating conflict in the Middle East which can lead to inflation, tighter lending and reduced demand.