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Qorvo: Riding The Microchip Rebound (SA Quant) (QRVO)

Qorvo: Riding The Microchip Rebound (SA Quant) (QRVO)
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Why KLA Corporation (KLAC) Shares Are Plunging Today

Shares of semiconductor manufacturing equipment maker KLA Corporation (NASDAQ:KLAC) fell 7.6% in the morning session after the company reported second-quarter results and provided revenue and EPS guidance for the next quarter, which fell short of Wall Street's expectations. In addition, its free cash flow missed. During the earnings call, management highlighted uncertainties in the resumption of growth in the WFE (Wafer Fab Equipment) business.

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