--- title: "U.S. stock night market volatility: KLA rose 3.15% in night trading, boosted by the wave of AI spending, concerns arise over pressured gross margins" type: "News" locale: "en" url: "https://longbridge.com/en/news/292575343.md" description: "KLA rose 3.15% in the night session; Applied Materials rose 3.08% in the night session, with a transaction volume of USD 14.45 million; ASML rose 1.75% in the night session, with a transaction volume of USD 13.63 million; Lam Research rose 3.21% in the night session, with a transaction volume of USD 7.26 million" datetime: "2026-07-14T06:22:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292575343.md) - [en](https://longbridge.com/en/news/292575343.md) - [zh-HK](https://longbridge.com/zh-HK/news/292575343.md) --- # U.S. stock night market volatility: KLA rose 3.15% in night trading, boosted by the wave of AI spending, concerns arise over pressured gross margins **U.S. Stock Night Market Movements** KLA rose 3.15% in the night market. Based on recent key news: 1. On July 13, KLA faced ongoing 100 basis points gross margin pressure, primarily due to rising costs of high-speed DRAM memory chips required for its dedicated testing and measurement systems. This cost increase may impact its profitability, leading to stock price fluctuations. 2. On July 12, analysts conducted a detailed valuation analysis of KLA, indicating that it may be undervalued or overvalued, involving fair value estimates, potential risks, dividends, insider trading, and financial conditions. This analysis may affect investor confidence in KLA. 3. On July 11, the market showed a positive attitude towards the AI manufacturing spending wave in the chip industry, driving related stocks up. KLA, as part of the chip industry, benefited from this trend, resulting in a stock price increase. The chip industry is driven by the AI spending wave. **Stocks with High Trading Volume in the Industry** Applied Materials rose 3.08% in the night market. Based on recent news: 1. On July 13, the AI-driven investment frenzy continued, leading to a rise in Applied Materials' stock price. TD Cowen raised its target price to $700, and Mizuho Securities raised it to $650. Goldman Sachs is confident in the fundamentals of Applied Materials but is cautious about the timing of entry. 2. On July 13, Bernstein analyst David Dai CFA maintained a buy rating with a target price of $525. Needham's Charles Shi also issued a buy rating in a report on July 10. 3. On July 13, Goldman Sachs released a research report maintaining a buy rating for Applied Materials and raised the 12-month target price from $520 to $645. Goldman Sachs is optimistic about the long-term growth potential brought by DRAM and HBM. The semiconductor industry performed strongly overall, with the Philadelphia Semiconductor Index rising about 88%. ASML rose 1.75% in the night market. Based on recent key news: 1. On July 14, ASML is about to release its quarterly financial report, with the market expecting its sales and profits to continue growing due to strong AI-related demand. Analysts expect its third-quarter revenue to reach €10.34 billion, and if management raises guidance, the stock price may rise significantly. Source: Reuters 2. On July 14, Royal Bank of Canada raised ASML's target stock price from $1,700 to $2,000, reflecting market confidence in its future growth. Source: MarketWatch 3. On July 13, analysts expect ASML to increase production capacity, exceeding 100 tools by 2028, driving a 150% growth in earnings per share. Source: Dow Jones Newswires The semiconductor industry demand is strong, and AI investment is active. Lam Research rose 3.21% in the night market. Based on recent key news: 1. On July 14th, Lam Research Corporation's stock price increased by 105% year-to-date due to a surge in HBM manufacturing demand. The increase in HBM demand has driven up Lam Research Corporation's stock price, indicating strong market demand for its products. Source: MarketBeat 2. On July 11th, analysts believe that Lam Research Corporation's stock has an upside potential of 8.1%. Analysts' optimistic expectations have boosted investor confidence, driving the stock price up. Source: MarketBeat 3. On July 11th, although Lam Research Corporation was rated as "Moderate Buy," it was not included in the top five stocks recommended by leading analysts. Nevertheless, the market remains positive about its future performance. 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