In an expensive market, we get to nit-picking about what’s really expensive and what’s not… KLA, Lam are pricey for a reason Sometimes the Street ponders why one type of company’s stock is doing better than another. At the moment, the semiconductor stocks are showing the disparity the most, with Nvidia trading below historical valuation and KLA and Lam trading above. As to why, it’s pretty simple: bet on the arms merchants. thetechnologyletter.com $KLAC $LRCX $NVDA

→ View original post on X — @tiernanraytech, 2026-03-25 13:47 UTC