KLA Stock Down 11.5% Following Q2 Earnings

KLA Corporation's stock fell 11.5% as investors reacted to the company's Q2 earnings report, which exceeded Wall Street's consensus projections. However, the results were overshadowed by challenges such as component shortages, longer equipment delivery lead times, and tariff expenses. Despite these issues, the company's strong moat in the high-end chip-making equipment market is unlikely to be permanently damaged. The stock's crash may be a profit-taking retreat after a 140% gain in 52 weeks.