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KLA Corp forecasts quarterly revenue above estimates on AI-linked demand

The chip-equipment maker projected fourth-quarter revenue of $3.58 billion, above analysts’ estimates, as AI processor production lifted demand for its tools.

April 29 : KLA Corp forecast quarterly revenue above estimates on Thursday, banking on strong demand for its chipmaking tools as semiconductor manufacturers ramp up production of high-end processors for artificial intelligence.However, shares of the Milpitas, California-based company fell nearly 9 per cent in

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Channel News Asia broke the news in Singapore on Wednesday, April 29, 2026.
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