/KLA%20Corp_%20logo%20on%20phone-by%20Piotr%20Swat%20via%20Shutterstock.jpg)
Headquartered in Milpitas, California, KLA Corporation (KLAC) is a global leader in process control and yield management solutions for the semiconductor and electronics industries, with a market cap of $107.57 billion. KLA specializes in providing advanced inspection, metrology, and data analytics systems that play a critical role in ensuring the quality and performance of semiconductor devices.
Shares of KLAC have significantly outperformed the broader market over the past year. The stock has gained 65.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.5%. Also, in 2024, KLAC is up 37.5% compared to SPX’s 17.7% rise on a YTD basis.