Semiconductor stocks (SOXX -0.7%) outpace the broad market after Citigroup upgrades shares of...

|By:, SA News Editor

Semiconductor stocks (SOXX -0.7%) outpace the broad market after Citigroup upgrades shares of KLA Tencor (KLAC +1.1%) and Lam Research (LRCX +3.6%) on signs of stronger chip demand from Samsung (SSNLF.PK). Citi's latest checks indicate that "Samsung has made its decision to bring back a large portion of the pushed-out shipments in [Q3]." (also)