Reported about 11 hours ago
KLA Corp anticipates second-quarter revenue to reach approximately $3.23 billion, exceeding Wall Street estimates, driven by robust demand for AI-linked chipmaking tools. However, ongoing U.S.-China trade tensions may negatively impact KLA's sales by $300 million to $350 million over the next five quarters, emphasizing risks related to export controls and market access in China, a significant revenue source for the company.
Source: YAHOO