KLA Corporation (NASDAQ:KLAC), a leading provider of process control and yield management solutions for the semiconductor industry, has been garnering significant attention from analysts and investors ...

The Chinese company’s low-cost, high-performance A.I. model has shocked Silicon Valley, and a longtime China watcher warns that the West is being leapfrogged in many other industries, too.

The Mexican peso tumbled more than 2% to touch its lowest in nearly three years, while the offshore Chinese yuan fell 0.3%.