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KLA lifted its September-quarter revenue guidance to $4 billion and split its stock 10-for-1, while raising its 2026 wafer equipment market forecast to the low $150 billion range. The moves signal accelerating capital spending on AI chip and HBM memory production capacity.
Meta awarded AMD a data center contract worth double-digit billions per gigawatt on February 24, 2026, sending AMD stock up 7%. The deal marks the first major enterprise shift away from NVIDIA's AI chip dominance, with Corvex deployment proving confidential computing runs at near-native performance on NVIDIA HGX B200 infrastructure.
FMC Corp is facing medium-likelihood covenant violations that could trigger accelerated debt maturity, according to risk assessments. The agricultural chemicals company, recently downgraded by Wells Fargo Securities, now confronts what analysts classify as catastrophic-severity financial risk. The development adds pressure on a company already navigating challenges in the crop protection sector.