• KLA Corporation is trading 3.7% up at $246.19 today, driven by a new bullish report from Citi on NAND equipment demand.
  • Citi lifted price targets for KLAC and other semiconductor firms, citing a widening gap between required DRAM and available supply and projecting a bull case for Wafer Fab Equipment (WFE) to exceed $145 billion in 2026.
  • This move follows recent volatility tied to its June 12, 2026, 10-for-1 stock split and a recent analyst downgrade from Cantor Fitzgerald on June 15, 2026.