| Segment | Value | % of Price | Type |
|---|---|---|---|
| Net Cash | $68 | 5% | auditable |
| Process Control & Inspection | $1000 | 65% | anchored |
| Services & Spares | $400 | 26% | anchored |
| Specialty Semi & PCB | $60 | 4% | anchored |
Anchored: $1460/sh (96%) · Speculative: $0/sh (0%)
Process Control & Inspection is KLA's crown jewel — a near-monopoly position generating approximately $9.6B in annual revenue (75% of total). KLA holds 56%+ overall process control market share with dominant positions in reticle inspection (~85%), brightfield wafer inspection (~60%), and...
Services & Spares generates approximately $3.14B in annual revenue (25% of total), growing at 18% YoY. This is KLA's most predictable segment — highly recurring revenue from servicing, upgrading, and supplying spare parts to the company's massive and ever-growing installed base of process control...
Specialty Semi & PCB is KLA's smallest segment, generating approximately $1B in annual revenue (~8% of total). This includes PCB inspection (from the 2019 Orbotech acquisition), flat panel display inspection, and specialty semiconductor inspection for MEMS, power devices, and packaging. While...