
Applied Materials (NASDAQ:AMAT | AMAT Price Prediction) shares are up 98% year to date (YTD) at $509.29 Tuesday afternoon, a rally that captures how central chip equipment makers have become to the 2026 AI infrastructure trade.
KLA Corporation is a capital equipment company based in Milpitas, California. It supplies process control and yield management systems for the semiconductor industry and other related nanoelectronics industries. The company's products and services are intended for all phases of wafer, reticle, integrated circuit (IC) and packaging production, from research and development to final volume manufacturing.
| Revenue (TTM) | $13.58B |
| Gross Profit (TTM) | $8.32B |
| EBITDA | $6.05B |
| Operating Margin | 42.50% |
| Return on Equity | 87.50% |
| Return on Assets | 20.80% |
| Revenue/Share (TTM) | $10.35 |
| Book Value | $4.86 |
| Price-to-Book | 41.92 |
| Price-to-Sales (TTM) | 19.80 |
| EV/Revenue | 19.69 |
| EV/EBITDA | 42.55 |
| Quarterly Earnings Growth (YoY) | 13.80% |
| Quarterly Revenue Growth (YoY) | 15.20% |
| Shares Outstanding | $1.31B |
| Float | $1.30B |
| % Insiders | 0.13% |
| % Institutions | 93.95% |
Volatility is currently contracting

Applied Materials (NASDAQ:AMAT | AMAT Price Prediction) shares are up 98% year to date (YTD) at $509.29 Tuesday afternoon, a rally that captures how central chip equipment makers have become to the 2026 AI infrastructure trade.

Joel Greenblatt's Gotham Asset Management disclosed a defensive tilt in its Q2 2026 13F, filed in mid-August, headlined by a $2.65 billion add to the SPDR S&P 500 ETF and outsized conviction buys in managed care, packaged foods, and Manhattan office real estate.

KLA (NASDAQ:KLAC | KLAC Price Prediction) currently trades at $203.72, while Cantor Fitzgerald's Street-high target of $325 implies roughly 60% upside from here.

KLA Corporation is upgraded to a buy as robust semiconductor demand and strong Q1 guidance outweigh recent margin contraction. Q4 revenue grew 15% YoY but gross margin declined as a signal of potential costs pressures. Q1 FY2027 guidance projects 25% revenue growth and stable gross margin, signaling accelerating business momentum and improved profitability.

KLAC's 9.3% monthly drop highlights near-term margin and supply risks, even as AI demand, HBM and advanced packaging support its long-term growth outlook.

Investors interested in Electronics - Miscellaneous Products stocks are likely familiar with Mistras (MG) and KLA (KLAC). But which of these two companies is the best option for those looking for undervalued stocks?

DOV, KLAC and TPC recently announced dividend hikes, offering income as market volatility persists and uncertainty weighs on investors.

Here, we have picked three AI stocks, AMD, AMZN and KLAC, which are well-poised to benefit from AI's growing use and ability to solve complex problems.

Terafab buildout could create major opportunities for KLA, Onto, Applied Materials and Lam Research as AI chip capacity expands.

MU and semiconductor sales surge as AI demand supports chip growth, with four stocks highlighted for potential upside.
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