Western Digital stock falls on Micron's gloomy outlook

Western Digital shares fell 4% due to Micron's disappointing earnings forecast, raising concerns about demand in the semiconductor sector, impacting related stocks.

Factbox-US targets China's chip industry with new restrictions

US strengthens chip curbs on China

US to tighten semiconductor restrictions on China, targets 140 entities - Reuters

Exclusive-Latest US strike on China's chips hits semiconductor toolmakers

US reported to have toned down China chip curbs - Bloomberg

Exclusive-US ordered TSMC to halt shipments to China of chips used in AI applications, source says

The U.S. ordered TSMC to stop advanced chip shipments to China, citing AI application restrictions and concerns over Huawei's tech. TSMC's compliance is ongoing amid political scrutiny.

US lawmakers press top chip equipment makers for details on China sales

U.S. lawmakers press semiconductor firms for sales data to China amid pushback against export controls, fearing impacts on industry competitiveness and military modernization.

KLA rating raised at Oppenheimer following better than expected results

Oppenheimer upgrades KLA Corporation to Outperform, raising the price target to $850, citing strong Q1 results and a positive outlook in the AI-driven semiconductor market.

KLA Corp stock rises as Q1 earnings top estimates, outlook strong

KLA Corporation's Q1 fiscal 2025 results exceeded expectations, with record earnings and an optimistic outlook, leading to a 2% rise in stock price.