New portfolio drives chip performance with panel-based interconnect innovation KLA is extending the capability of the proven Corus™ direct imaging platform and introducing the Serena™ direct imaging platform to support mainstream and advanced IC substrate lithography requirements New Lumina™ inspection and metrology systems further equip IC substrate (including glass core) and panel-based interposer makers to efficiently build advanced products with high quality and yield MILPITAS, Calif., Oct. 15, 2024 /PR ...

Overview of the Recent Transaction On September 30, 2024, Vanguard Group Inc, a prominent investment firm, expanded its portfolio by acquiring an additional 101,920 shares of KLAC, Financial), a leader in the semiconductor industry. This transaction, exceuted at a price of $774.41 per share, increased Vanguard's total holdings in KLA Corp to 13,398,832 shares. This move reflects Vanguard's ongoing strategy to invest in high-value technology sectors, aligning with its significant holdings in other tech giant ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering KLA (KLAC) , which belongs to the Zacks Electronics - Miscellaneous Products industry. When looking at the last two reports, this maker of equipment for manufacturing semiconductors has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 7.52%, on average, in the last two quarters. For the last reported quarter, KLA ...

Shares of KLA Corp (KLAC, Financial) surged 4.27% in mid-day trading on Oct 2. The stock reached an intraday high of $785.88, up from its previous close of $753.70. This places KLAC 12.32% below its 52-week high of $896.32 and 75.30% above its 52-week low of $448.31. Trading volume was 242,415 shares, 25.5% of the average daily volume of 951,585. Wall Street Analysts Forecast Based on the one-year price targets offered by 22 analysts, the average target price for KLA Corp (KLAC, Financial) is $846.28 with a ...

In the latest market close, KLA (KLAC) reached $774.41, with a -1.02% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.42% for the day. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw an increase of 0.38%. The the stock of maker of equipment for manufacturing semiconductors has fallen by 4.52% in the past month, lagging the Computer and Technology sector's gain of 1.78% and the S&P 500's gain of 2.06%. The invest ...

KLA Corp (NASDAQ: KLAC ) benefits from new technology that requires more powerful, power-efficient, and complex chips, driving increased demand for process control solutions. The company's two most important products are defect inspection and review systems, which identify flaws I have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have ...

Here's why I'm not as bullish on this company as on other chip stocks, despite its higher raise. 'Tis the season. The weather gets cooler, kids go back to school, and many technology companies raise their dividends for the year ahead. While artificial intelligence (AI) technology stocks aren't necessarily known for high dividend payouts, they are known for growth. So if you can find a winning AI name that also pays a dividend, a small payout today could look much, much bigger in five, 10, or 20 or more year ...

In the latest market close, KLA (KLAC) reached $745.11, with a +0.5% movement compared to the previous day. This move outpaced the S&P 500's daily loss of 0.16%. Elsewhere, the Dow gained 0.09%, while the techheavy Nasdaq lost 0.3%. The maker of equipment for manufacturing semiconductors's stock has climbed by 3.52% in the past month, exceeding the Computer and Technology sector's gain of 1.63% and lagging the S&P 500's gain of 3.64%. Investors will be eagerly watching for the performance of KLA in its upco ...

KLA Corporation Conference Call Summary Company Overview - **Company**: KLA Corporation (NASDAQ: KLAC) - **Event**: Citi's 2024 Global TMT Conference - **Date**: September 4, 2024 Key Points Industry and Market Dynamics - **Transition Year**: 2024 is characterized as a transition year with wafer fabrication equipment (WFE) levels expected in the mid-$90 million range, slightly up from the previous year [6] - **End Market Performance**: The semiconductor industry is primarily driven by foundry logic, accounting for 70% to 75% of the market, with expectations of memory growth in the following year [7][14] - **China Market Stability**: China remains a stable market for KLA, with expectations of flat performance half-to-half, but growth is anticipated from non-China customers [7][36] Company Performance and Strategy - **Service Business Growth**: KLA's service business is projected to grow at the high end of the target range of 12% to 14%, marking 48 consecutive quarters of year-over-year growth [8] - **Profitability Metrics**: Gross margins are in the mid-60s, with operating margins expected to align with consensus views for the fourth quarter [10] - **Dividend Increase**: KLA announced a 17% increase in its quarterly dividend to $1.70 per share, marking the 15th consecutive annual dividend increase, reflecting confidence in business performance [10] Advanced Packaging and Technology - **Growth in Advanced Packaging**: KLA's expectations for advanced packaging revenue have increased from $300 million to $500 million, driven by the complexity of packaging technologies [17][24] - **Focus on Leading Edge Technology**: The company is seeing strength in leading-edge investments, particularly from major customers like Intel and TSMC, with expectations for increased investment in N2 technology [13][15] - **Hybrid Bonding Opportunities**: KLA is focusing on hybrid bonding and advanced inspection capabilities, which are critical for the next generation of semiconductor packaging [29][32] Competitive Positioning - **Diversification Advantage**: KLA's diverse exposure to various inflections in the semiconductor industry, such as lithography and transistor architecture changes, positions it uniquely compared to competitors [22] - **Market Leadership in Inspection**: KLA is leveraging its expertise in wafer inspection and metrology to capture market share in advanced packaging and process control [17][52] Future Outlook - **Memory Market Recovery**: Expectations for NAND recovery are low but anticipated to improve next year, with a more significant focus on DRAM investments [35] - **China's Investment Trends**: While China accounted for over 40% of revenue earlier in the year, this is expected to decrease as non-China customer investments grow [36][38] - **Sustainable Growth Drivers**: The company anticipates continued growth in its service business due to improved utilization rates and longer tool lifespans, with a focus on delivering value to customers [58][61] Additional Insights - **Long-term Growth Strategy**: KLA is committed to capital allocation that supports business execution and growth, regardless of potential tax rate changes [42] - **Market Trends in Metrology**: The company is observing a shift in demand for higher-end metrology systems as semiconductor designs become more complex [53][55] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting KLA Corporation's positioning within the semiconductor industry and its growth prospects moving forward.

MILPITAS, Calif., Sept. 3, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) is announcing a 17% increase in the quarterly dividend level to $1.70 per share from $1.45 per share beginning with the quarterly dividend expected to be declared in November 2024, the fifteenth consecutive annual increase in the quarterly dividend level for KLA. The declaration and payment of future dividends is subject to the Board's discretion and will depend on financial and legal requirements and other considerations. "This ...