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KLA Stock Strength Rating Climbs To Lofty 96; Chip Equipment Giant's Sales Climb As Chipmakers Try To Keep Up With Soaring Demand

·1 min read
KLA Stock Strength Rating Climbs To Lofty 96; Chip Equipment Giant's Sales Climb As Chipmakers Try To Keep Up With Soaring Demand
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The computer chip shortage is hurting a slew of industries including autos, servers and consumer electronics. The cure is more chipmaking gear from companies like chip equipment giant KLA Tencor. On Friday, KLA stock's Composite Rating rose a couple of clicks to a near-best 96, of 99.