Semiconductor manufacturing equipment maker KLA Corporation (NASDAQ:KLAC) reported Q4 CY2024 results , with sales up 23.7% year on year to $3.08 billion. On top of that, next quarter’s revenue guidance ($3 billion at the midpoint) was surprisingly good and 3.

Chipmaking equipment supplier KLA Corp forecast its third-quarter revenue and profit above Wall Street estimates on Thursday, betting on robust demand for high-end chips that support artificial intelligence workload.

KLA Corporation has solid growth, financial stability and future potential. Click here to read an analysis of KLAC stock now.

For the current quarter ending in March, KLA expects its per-share earnings to range from $7.45 to $8.65. The company said it expects revenue in the range of $2.85 billion to $3.15 billion for the fiscal third quarter.

Apple and other big U.S. companies reporting fatter profits than expected are helping Wall Street shave off more of its sharp losses from the start of the week on Friday.

In this article, we are going to take a look at where KLA Corporation (NASDAQ ... READ NOW: 10 AI Stocks Making Waves on Wall Street and 10 Trending AI Stocks on Latest News and Ratings In ...