KLA's process control monopoly is the highest-margin business in semicap. As 2nm GAA nodes ramp at TSMC, Samsung, and Intel, inspection intensity per wafer rises structurally. Advanced packaging for HBM and chiplets requires entirely new KLA tool sets. Service revenue alone now exceeds many peers' total revenue, providing visibility.
Thesis reviewed May 29, 2026
KLA Corporation is headquartered in United States, which is currently showing elevated risk signals.
🇺🇸United States82EXITView United States risk detail →💻Semiconductors1WATCH| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| AMAT | Applied Materials, Inc. | 11 | +14% | ↓92% | EARLY |
| MU | Micron Technology, Inc. | 11 | +16% | ↓92% | EARLY |
| AMD | Advanced Micro Devices, Inc. | 11 | +14% | ↓92% | EARLY |
| ON | ON Semiconductor Corporation | 11 | -12% | ↓92% | AVOID |
| WOLF | Wolfspeed Inc. | 11 | -29% | ↓92% | AVOID |
| UMC | United Microelectronics Corporation | 11 | +7% | ↓92% | NEUTRAL |
| STM | STMicroelectronics N.V. | 11 | +12% | ↓92% | NEUTRAL |
Investors who hold KLAC may also have indirect exposure through these country funds.
TSMC 2nm pilot line orders KLA inspection at record per-wafer intensity
Advanced packaging tool bookings up 60% YoY
KLA installed base service revenue hits all-time high
Estimates · Yahoo Finance · Not audited figures
| Politician | Party | Type | Amount | Trade Date | Return |
|---|---|---|---|---|---|
| Michael RulliOH | Buy | $1k–$15k | Jul 1, 26 | ||
| Alan Armstrong | Buy | $1k–$15k | Mar 27, 26 | ||
| Elizabeth FletcherTX | D | Sell | $1k–$15k | Apr 8, 26 | +11.5% |
| John JamesMI | R | Buy | $1k–$15k | Sep 4, 24 | +177.3% |
| John JamesMI | R | Sell | $1k–$15k | Jun 26, 24 | +137.8% |
| John JamesMI | R | Buy | $1k–$15k | Nov 10, 23 | +137.8% |
| Thomas H Tuberville | Sell | $1k–$15k | May 3, 24 | +136.7% |