$KLA(KLAC.US)KLA just reported record June-quarter revenue of $3.66B and guided for $4B in September revenue. Yet the st…

$KLA(KLAC.US)

KLA just reported record June-quarter revenue of $3.66B and guided for $4B in September revenue. Yet the stock sold off sharply after hours and has continued to slide. The market seems focused on near-term margin pressure from memory pricing and tariffs, while overlooking the company’s strong cash generation.

I’m more focused on KLA’s moat and free cash flow. As AI drives more complex advanced packaging, chipmakers increasingly need KLA’s process control and defect inspection systems. Its position in this critical part of the semiconductor supply chain remains strong, with advanced packaging control revenue expected to grow over 70% this year to around $1.1B.

I’ll keep watching whether wafer equipment spending supports the industry’s upgraded $150B forecast for the year. Short-term margin noise doesn’t change the long-term demand for KLA’s technology.

@Captain's Treasure