KLA Corporation reports surging demand for process control tools used in artificial intelligence chip manufacturing. Chipmakers are increasing investments in 2nm processes, EUV lithography, and high-bandwidth memory to support AI infrastructure.
Management reports a current order backlog of approximately $12.5 billion. This backlog provides revenue visibility through the second half of 2026 and into 2027.
The company is strengthening its market position in advanced packaging inspection and metrology. KLA shares rose significantly in recent trading sessions following the updated financial outlook.