KLA Corporation’s stock rises 109% over 52 weeks as AI and advanced chip demand boosts wafer fabrication equipment spending.
KLA Corporation (NASDAQ:KLAC) closed at $183.99 per share on August 21, 2026, reflecting a 109.19% gain over the past year. The company, a key player in semiconductor process control and yield management, benefits from surging demand for AI, high-performance computing, and data center infrastructure.
Wafer fabrication equipment (WFE) spending has reached record levels, driven by capital expenditure from foundries and integrated device manufacturers. KLA, alongside peers Applied Materials and LAM Research, outperformed in Q2 2026, with returns exceeding 100% in USD terms. The company’s market capitalization stands at $240.39 billion.
The AI infrastructure build-out continues to fuel growth, as hyperscalers require more advanced chips and specialized tools. Despite a one-month return of -9.52%, KLA’s long-term outlook remains strong amid sustained semiconductor demand.