US Stocks After-Hours Movement: TSMC Expansion Boosts Semiconductor Equipment, KLA Rises 3.11% in After-Hours Trading

US Stocks After-Hours Movement

KLA rose 3.11% in after-hours trading. Based on recent key news:

1. On September 30, TSMC planned to build a second campus in Dallas, Texas, which is expected to drive demand for semiconductor equipment. Wells Fargo analysts pointed out that if TSMC expands its 2nm capacity, it will benefit semiconductor equipment manufacturers, leading to a 3.11% rise in KLA's stock price.

2. On September 29, ASML's pricing power and KLA's inspection advantages faced tests from alternative manufacturing methods and fluctuating AI investment timelines. Nevertheless, KLA's dominant position in the semiconductor equipment sector remains solid, driving up its stock price.

3. On September 29, KLA participated in exploring germanium-based devices for data communication at the National Advanced Integrated Photonics Centre in Singapore. This innovative move further consolidated KLA's leading position in the semiconductor technology field, promoting a rise in its stock price. Strong demand in the semiconductor industry and innovation-driven growth.

Top Stocks by Industry Turnover

Applied Materials rose 3.42% in after-hours trading. Based on recent key news:

1. On September 30, Applied Materials announced that Kioxia joined its EPIC center to collaborate on advancing memory technology development. This cooperation boosted market confidence in the company's future growth, driving up its stock price. Source: Guandian Network

2. On September 29, TSMC's plan to build factories in the US could benefit semiconductor equipment manufacturers, causing Applied Materials' stock price to rise as a result. Source: MoneyDJ

3. On September 28, JPMorgan remained bullish on the semiconductor industry, believing that continuous demand growth would benefit equipment suppliers like Applied Materials, leading to a rise in its stock price. Source: JPMorgan Report. Strong demand in the semiconductor industry with significant capital inflows.

ASML rose 1.65% in after-hours trading. Based on recent key news:

1. On September 30, ASML's stock price rose by 2.82%, mainly due to increased ETF capital inflows, bringing additional buying pressure. Data source: Benzinga.

2. On September 29, JPMorgan remained bullish on the semiconductor industry, believing that the continued strengthening of profits in related companies presented buying opportunities. JPMorgan was particularly optimistic about ASML, expecting its stock price and profits to continue rising. Data source: JPMorgan.

3. On September 30, Wells Fargo analysts pointed out that TSMC's expansion plans could benefit semiconductor equipment manufacturers, causing ASML's stock price to rise as a result. Data source: Seeking Alpha. Strong demand in the semiconductor industry with significant capital inflows.

Lam Research rose 3.24% in after-hours trading. Based on recent key news:

1. On September 29, Barclays released a report refuting the market's pessimistic view of the semiconductor equipment sector, arguing that the stock price decline was a normal adjustment following momentum trading, which drove up Lam Research's stock price. Source: Barclays

2. On September 28, as a major supplier to the semiconductor manufacturing industry, Lam Research benefited from the growth in AI capital expenditure related to US data center construction, leading to a resurgence in buying interest. Source: JPMorgan

3. On September 30, analysts maintained a buy rating for Lam Research with a target price of $368.88. The overall strength of the semiconductor equipment sector further drove up the stock price. Source: Analyst Report. The semiconductor equipment industry is driven by growth in AI capital expenditure.