Is KLA Corporation (KLAC) One of the Best AI Memory Stocks to Buy in 2026?

1 week ago 10

Noor Ul Ain Rehman

Mon, June 22, 2026 astatine 7:10 AM CDT 2 min read

KLA Corporation (NASDAQ:KLAC) is 1 of the champion AI representation stocks to bargain successful 2026. The banal has gained 113.61% YTD and is gaining attraction owed to its strength. It has received respective standing updates successful caller days, with Barclays raising the terms people connected the banal to $2,250 from $1,700 connected June 11 and maintaining an Overweight standing connected the shares. The steadfast told investors successful a probe enactment that it raised its estimates for wafer fab equipment, reasoning that the capex rhythm is "much stronger crossed the board." It added that implicit $200 cardinal successful income looks apt successful 2027, but the "world has moved to 2028 already", and truthful it raised terms targets successful the wafer fab instrumentality group.

KLA Corporation (KLAC) Is One Of The Most Important Companies In America, Says Jim Cramer

KLA Corporation (NASDAQ:KLAC) besides received a standing update from Cantor Fitzgerald connected June 10, with the steadfast lifting the terms people connected the banal to $2,500 from $2,000 and reaffirming an Overweight standing connected the shares. The steadfast believes that the semi instrumentality manufacture is successful the "early innings of a multi-year supply-constrained and durable upcycle" and told investors successful a probe enactment that the outlook has improved implicit the past 3 months, with bookings visibility present opening to widen into 2028.

KLA Corporation (NASDAQ:KLAC) is progressive successful the proviso of process power and output absorption solutions for the semiconductor and related nano-electronics industries. The company's operations are divided into the pursuing operations: Semiconductor Process Control, Specialty Semiconductor Process, and PCB, Display and Component Inspection.

While we admit the imaginable of KLAC arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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