KLA Corporation's revenue hit a record $3.42 billion（約5500億円） in its latest quarter, driven by AI demand for chip-manufacturing process control tools — positioning the company as a major beneficiary of semiconductor industry spending on AI infrastructure.

What happened

KLA reported third-quarter fiscal 2026 revenues rose 11% year over year to $3.42 billion（約5500億円）, with non-GAAP earnings per share reaching $9.40. The company also raised its forecast for advanced packaging process control revenues to roughly $1 billion（約1600億円） in calendar year 2026, up from about $635 million（約1000億円） in 2025. Management cited AI as a core driver of demand across foundry, memory, and advanced packaging.

What to watch

KLA trades at a forward price-to-earnings multiple of 52.71, significantly above industry average. The Zacks Consensus Estimate implies earnings per share will grow 11.4% in fiscal 2026 and 34.1% in fiscal 2027, with management expecting quarter-to-quarter revenue growth throughout calendar year 2026 and a strengthening wafer equipment market in 2027. The stock has surged 113.6% year to date.