KLA

Process control and inspection equipment for chipmaking

Overview

KLA supplies process control and process-enabling equipment, software and services used to manufacture wafers, masks, integrated circuits, packaged chips and printed circuit boards[33]. Its inspection and metrology tools help chipmakers find defects and improve yields. Revenue for fiscal 2026, which ended on 30 June 2026, was US$13,579 million, up 12%[33]; services accounted for approximately 23% of the total[33]. KLA is incorporated in Delaware, headquartered in Milpitas, California, and listed on Nasdaq. It had approximately 17,000 regular full-time employees plus about 200 part-time and temporary staff on 30 June 2026[33].

KLA strengths and limitations

Strengths

  • Highest margin among equipment makers
  • Sales growth of 20.8%
  • Specialist position in process control

Limitations

  • Smaller than ASML and Applied
  • Cyclical demand
  • Narrower product range than Applied Materials

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