On June 5, KLA Corporation fell 4.27% in regular trading, trading at $1995.95/share, with trading volume of $292 million. The stock had previously reached a 52-week high of $2145.52 before encountering concentrated selling pressure across the semiconductor equipment sector.

On the news front, the semiconductor equipment sector saw broad-based profit-taking following consecutive sessions of gains. Within the sector, ASML Holding fell 3.92%, Applied Materials fell 5.8%, Lam Research fell 6.13%, Teradyne fell 6.56%, and AXT Inc fell 6.51%. The pullback comes after Bernstein raised KLA's target price from $1875 to $1975 and lifted its global wafer fabrication equipment spending forecast to $148 billion, representing a 21.4% year-over-year increase. Combined with the company's announced 1-for-10 stock split plan and sustained AI infrastructure demand, shares had rallied sharply in recent sessions, elevating trading crowdedness and triggering concentrated profit realization.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)