KLA CFO Bren Higgins projected a constructive outlook for 2026 at the J.P. Morgan Global Technology, Media and Communications Conference. The company anticipates potential upside to the previously forecasted $140 billion wafer fabrication equipment market. The artificial intelligence boom drives this momentum through increased demand for leading-edge semiconductor manufacturing.
KLA gained approximately 80 basis points of market share in the process control segment. Higgins stated that visibility into 2027 is currently the best in his tenure.
The company expects its advanced packaging business to approach $1 billion in revenue. Chipmakers are aggressively expanding capacity for AI chips and high-bandwidth memory to meet demand. This trend establishes an extended runway for long-term growth.