KLA Corporation
Semiconductor process control and inspection equipment company headquartered in Milpitas, California, formed by the 1997 KLA-Tencor merger.
Company Type
public
Founded
1997
Headquarters
Milpitas, California, USA
Stock
NASDAQ: KLAC
Revenue
$13.58 billion (FY2026, ended June 30, 2026)
Employees
Approximately 15,000
Primary Market
Global
KLA Corporation Timeline
About KLA Corporation
Is KLA publicly traded?
Yes. It trades on NASDAQ under ticker KLAC and completed a ten-for-one stock split in June 2026.
What does KLA make?
Inspection, metrology, and process control systems used by chipmakers to find and measure wafer defects.
Did KLA buy Orbotech?
Yes. KLA acquired Orbotech in February 2019 for about $3.4 billion.
Who is the CEO of KLA?
Rick Wallace, president and chief executive officer.
History of KLA Corporation
KLA Instruments (founded 1975) and Tencor Instruments (founded 1976) were Silicon Valley rivals in wafer inspection before merging in 1997 to form KLA-Tencor.
The combined company consolidated process control through the 2000s and 2010s, extending into metrology, lithography simulation, and data analytics, and renamed itself KLA Corporation in 2019.
The February 2019 acquisition of Israel's Orbotech for about $3.4 billion added printed circuit board and flat panel display inspection, ICOS component packaging inspection, and the SPTS specialty etch and deposition line.
KLA Corporation Sustainability & Ethics
KLA publishes annual ESG reporting covering energy use, supplier standards, and workforce programs across its global manufacturing and R&D sites.
Controversy, Regulation & Public Scrutiny
US export control rules restrict sales of advanced equipment to Chinese fabs, a recurring regulatory risk that KLA discloses as a material factor. No defining corporate controversies are on record.
Brands Owned by KLA Corporation
KLA Corporation owns 2 brands in our database. Explore the ownership tree below — click categories to expand and see individual brands.
KLA Corporation
public · Founded 1997 · Milpitas, California, USA
2
brands
Stock Information
KLA Corporation Ownership: Pros & Cons
Advantages
- +Dominant process control market position
- +Highest-margin franchise in wafer fab equipment
- +AI and advanced packaging demand supercycle
- +$3.77 billion FY2026 free cash flow funding capital returns
Considerations
- -Semiconductor capex cyclicality
- -China export restriction exposure
- -Customer concentration among leading-edge fabs
- -High valuation sensitivity to WFE outlook
Frequently Asked Questions About KLA Corporation
Is KLA publicly traded?
Yes. It trades on NASDAQ under ticker KLAC and completed a ten-for-one stock split in June 2026.
What does KLA make?
Inspection, metrology, and process control systems used by chipmakers to find and measure wafer defects.
Did KLA buy Orbotech?
Yes. KLA acquired Orbotech in February 2019 for about $3.4 billion.
Who is the CEO of KLA?
Rick Wallace, president and chief executive officer.
Sources & Further Reading
Jobs at KLA Corporation
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