Why KLA Corporation Stock Is Trading Lower
Portfolio Pulse from Henry Khederian
KLA Corp's stock is trading lower due to new U.S. regulations designed to prevent China, Iran, and Russia from using American AI technology for military purposes. These rules restrict chip exports and blacklist two Chinese chip makers, potentially reducing demand for KLA's products and disrupting global semiconductor supply chains.
October 17, 2023 | 6:23 pm
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KLA Corp's stock is trading lower due to new U.S. regulations restricting chip exports and blacklisting Chinese chip makers. This could reduce demand for KLA's products and disrupt global semiconductor supply chains.
The new U.S. regulations are directly affecting KLA Corp's business by restricting chip exports and blacklisting Chinese chip makers. This could lead to reduced demand for KLA's products, disrupt global semiconductor supply chains, and potentially increase operational costs.
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