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KLA Corporation (KLAC), headquartered in Milpitas, California, is a $114.8 billion global leader in designing, manufacturing, and marketing process control, yield management, and process-enabling solutions for the semiconductor and electronics industries. The company operates through three key segments: Semiconductor Process Control, Specialty Semiconductor Process, and PCB and Component Inspection.
Shares of KLAC have underperformed the broader market over the past 52 weeks. KLAC stock has increased 9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 16.2%. However, shares of KLAC are up 38.1% on a YTD basis, outpacing $SPX’s 10% rise.
