Reported 3 days ago
KLA Corp anticipates first-quarter revenue to surpass Wall Street estimates, driven by robust demand for AI processors, forecasting around $3.15 billion, compared to the $3.05 billion expected by analysts. While the company reports positive growth trends due to rising orders for advanced chipmaking equipment, it also cautions about diminishing demand from China, a crucial market for semiconductor sales, amid ongoing trade tensions.
Source: YAHOO