KLA Corp, a California-based company, forecast first-quarter revenue and profit above Wall Street estimates on Tuesday, driven by continued investment in AI infrastructure.
The semiconductor equipment maker expects first-quarter revenue of $4 billion, plus or minus $200 million, ahead of analysts’ average estimate of $3.92 billion.
KLA provides process control and yield management systems, which are critical for identifying and correcting defects during the semiconductor manufacturing process.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
