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Milpitas, California-based KLA Corporation (KLAC) manufactures and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. Valued at a market capitalization of $176.2 billion, the company operates through its Semiconductor Process Control, Specialty Semiconductor Process, and PCB and Component Inspection segments.
Companies with a market cap of $10 billion or more are typically referred to as “large-cap stocks.” KLAC fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the semiconductor equipment and materials industry.