KLAC · News · 20260827N

Competition and Market Share

KLA CORP · 2026-08-27 · Importance 10 · Surprise 6

KLA faces intense competition in process-control and advanced-packaging equipment from Onto Innovation and Applied Materials. Both rivals are also reporting strong growth in process-control offerings, increasing competitive pressure in AI and high-performance-computing-related packaging applications. The reporting characterizes KLA as technologically well positioned but competing in a market with multiple suppliers pursuing the same packaging growth opportunity.

Key facts

• KLA's stock had a 50.9% year-to-date increase. source
• KLA faces intense competition from Onto Innovation (ONTO) and Applied Materials (AMAT). source