April 30 (Reuters) - Chipmaking equipment supplier KLA
Corp ( KLAC ) forecast fourth-quarter revenue and profit above
Wall Street estimates on Wednesday, indicating robust demand for
its advanced chips that support artificial intelligence
workloads.
The company also postponed its investor day, which
originally scheduled for June 18, to early-to-mid 2026, citing a
"fluid business operating environment and potential
implications" for its business.
KLA's major customers, including Taiwan Semiconductor
Manufacturing Co ( TSM ) - its largest client - are ramping up
orders for chipmaking tools amid strong demand for advanced
chips and high-bandwidth memory used in AI
"Though global trade dynamics are driving uncertainty across
the global economy, to date, we have received no indications of
demand changes from our customers for calendar year 2025," said
CEO Rick Wallace.
KLA expects fourth-quarter revenue to be in a range of $3.08
billion, plus or minus $150 million. On average, analysts
estimate revenue of $3 billion for the quarter, according to
data compiled by LSEG.
The company also expects its adjusted per-share profit
for the fourth-quarter to be $8.53, plus or minus 78 cents,
compared with estimates of $7.99.
KLA provides advanced equipment, process control software
and services for manufacturing wafers, integrated circuits and
other semiconductor components across the U.S., Europe and Asia.
KLA reported third-quarter revenue of $3.1 billion, slightly
above analysts' expectations of $3.01 billion. Its adjusted
earnings per share for the quarter ended March 31 stood at $8.41
beating estimates of $8.10.