Ray Dalio's Bridgewater Associates significantly increased its investment in KLA Corp (KLAC), a key supplier to the semiconductor industry. According to a quarterly disclosure, the hedge fund boosted its share count by over 200% during the second quarter of 2026. This filing, made public in mid-August, reflects the firm's position as of June 30 and is not indicative of current trading activity.
The move comes as KLA's stock has performed strongly, reportedly gaining on the back of high demand for AI infrastructure and memory. The company provides process control and yield management solutions for semiconductor manufacturing. While Bridgewater has not publicly commented on the motive for this specific trade, the increased position points to a notable conviction in the semiconductor equipment sector.