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KLA forecasts fourth-quarter results above estimates on steady demand for chipmaking tools
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KLA forecasts fourth-quarter results above estimates on steady demand for chipmaking tools
May 25, 2025 10:28 PM

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.

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