KLA Corporation just smashed Q2 earnings with $3.66 billion in revenue—15.2% up from last year—and beat profit forecasts, fueled by the AI boom. Their advanced packaging business is surging, projected to grow over 70% this year, as chipmakers race to build AI infrastructure. But with supply chain snags and falling memory prices squeezing margins, the market remains cautious. Still, KLA’s tech is poised to drive continued growth in the second half, as AI and high-bandwidth memory demand keeps accelerating.
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