KLA

KLA presented a confident outlook at the Goldman Sachs Communacopia + Technology Conference: revenue growth accelerated from 12% (2024) to 19% (2025) and is expected to be in the low-20% range in 2026. The backlog exceeds $12 billion and the addressable market size was raised to the low-$150 billion range. Advanced Packaging is driving growth and KLA has significantly gained market share, while higher procurement costs for optical components and rising DRAM prices are weighing on margins. The company is expanding capacity (including in Singapore) and sees robust demand for 2026 and 2027 with prospects for sustained multi-year momentum. » More on de.investing.com

At the Citi Global TMT Conference, KLA presented an improved growth strategy and expects revenue growth in the low 20% range for 2026. The company raised the WFE market outlook for 2026 to about $150 billion and reported a backlog of nearly $13 billion (up 60% versus 2025) with delivery visibility through 2027 and in part 2028. Advanced Packaging grew 70% year‑on‑year; KLA is targeting a 7–8% market share in that segment. In the near term, optical supply shortages and higher memory costs are weighing on margins (around 100 basis points). Management emphasizes sustained market strength, capacity expansion through 2027, and extensive AI integration into products and processes. » More on de.investing.com

KLA rose 7.3% after reporting fiscal Q4 revenue of $3.66 billion and saying AI infrastructure is creating advanced‑packaging opportunities that increase demand for its process‑control and metrology products. The company benefits from rising inspection intensity tied to smaller geometries, chiplets and complex packages, but faces risks from semiconductor capital‑equipment cyclicality, export controls and potential pauses in customer spending. Investors are watching order growth across leading‑edge logic, memory and packaging to see if the rally reflects durable factory investment rather than a short rotation. » More on finance.yahoo.com