35 Chip Stocks In Focus Amid Tech Selloff

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13. KLA Corporation (NASDAQ:KLAC)

Number of Hedge Fund Holders: 61     

KLA Corporation (NASDAQ:KLAC) markets process control and yield management solutions for the semiconductor industry. The fourth-quarter report for 2024 shows strong performance, with total revenues of $2.57 billion, exceeding the guidance range of $2.5 billion. The firm is a leading player in the semiconductor industry, offering significant products and services. For instance, KLA’s advanced wafer inspection systems, such as the TeraFab and SurfScan series, play a key role in the semiconductor manufacturing process by detecting defects and ensuring high yield in the production of semiconductor devices.

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