From High-Yield to High-Growth: 3 Stocks Boosting Dividends KLA (NASDAQ:KLAC) is seeing stronger momentum across semiconductor equipment markets than it expected earlier in the year, with demand improving across leading-edge logic, memory and advanced packaging, Chief Financial…
ficer Bren Higgins said at J.P. Morgan’s 54th annual Global Technology, Media and Communications Conference
In a discussion with Harlan Sur, J.P. Morgan’s head of U.S. semiconductor and semiconductor capital equipment research, Higgins said KLA now views wafer fab equipment spending as “$140 billion-plus” this year, with likely upside based on customer engagement and the industry’s reporting cycle. – 3 Companies Quietly Essential to Data Center and AI Operations “Certainly 2026 is setting up to be a very constructive year with increasing momentum in the industry and in our business,” Higgins said. He added that spending strength is broad-based, including leading-edge logic, memory and advanced packaging.
Wafer equipment outlook continues to improve Higgins said KLA has seen increasing clarity around second-half demand, with customers working to align tool deliveries with fab ramp schedules. He said the stronger outlook is being driven more by firming schedules and customer urgency than by attempts to squeeze more from existing capacity. – Buyback Watch: KLA, Flutter, and Grab Move Fast as Their Stocks Swing “Everybody wants their tools sooner,” Higgins said, adding that customers have returned with revised plans that make previously agreed delivery timelines appear late. KLA expects its second-half performance to improve as supply catches up with customer demand.