Most investors still view KLA (KLAC) as a traditional wafer inspection company. However, the business selling inspection tools for advanced packaging is beginning to stand out, and management ties this demand to the expansion of AI. Packaging may be part of what buyers are currently paying for. The stock costs 51.4 times earnings, against 21.9 for the S&P 500, yet overall sales grew 15% from a year earlier in fiscal Q4 2026. A price that high beside that growth rate presents a clear contradiction. So, how big has KLA’s packaging business become?
KLA’s Packaging Forecast: About $1.1 Billion In Calendar 2026
Management expects about $1.1 billion of revenue from packaging process control systems in calendar 2026….
