We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The abovementioned features highlight the efficiency and reliability of the Axion T2000 X-ray metrology system.
This, in turn, makes the Axion T2000 suitable for the inline process control during fabrication of advanced 3D NAND and DRAM devices used in 5G, artificial intelligence, data centers and edge computing applications.
On the back of the X-ray metrology system, KLAC is expected to gain momentum among advanced memory chip manufacturers, is likely to drive its top line in the days ahead.
This is expected to help KLA Corporation win the confidence of the investors in the near term and the long haul.
Shares of KLAC have been down 7.9% in the year-to-date period, outperforming the Computer and Technology sector’s decline of 33.5%.
Expanding Portfolio of Solutions
The latest launch of the Axion T2000 bodes well for KLA’s growing initiatives to expand its portfolio of technologically advanced solutions for various applications.
Apart from the recent release, KLAC introduced the new Orbotech Corus 8M direct imaging solution which offers a completely automated and extendable solution for highly accurate and efficient patterning processes.
KLA Corp. also unveiled the Frontline Cloud Services solution to speed up the process of design-for-manufacturability analysis and minimize IT-related bottlenecks.
We believe that KLA’s growing portfolio offerings will continue to help it sustain momentum in various end-markets it serves.
Zacks Rank & Stocks to Consider
Currently, KLA Corp. carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks (ANET - Free Report) , Airbnb (ABNB - Free Report) and Asure Software (ASUR - Free Report) . While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Airbnb carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Arista Networks has lost 10.8% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 17.5%.
Airbnb has lost 43% in the year-to-date period. ABNB’s long-term earnings growth rate is currently projected at 20.7%.
Asure Software has gained 5.1% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 23%.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.
Image: Bigstock
KLA Corp. (KLAC) Grows Portfolio With X-ray Metrology System
KLA Corporation (KLAC - Free Report) has been consistently introducing new technological systems to provide advanced solutions to customers.
This is evident from the fact that the company recently launched the Axion T2000 X-ray metrology system.
The X-ray metrology system features patented technologies to measure high aspect ratio and deliver greater resolution, accuracy, precision and speed.
Axion T2000 has the ability to find small shape anomalies, affecting memory chip performance and thus, ensures efficient production of memory chips.
KLA Corporation Price and Consensus
KLA Corporation price-consensus-chart | KLA Corporation Quote
Move to Benefit
The abovementioned features highlight the efficiency and reliability of the Axion T2000 X-ray metrology system.
This, in turn, makes the Axion T2000 suitable for the inline process control during fabrication of advanced 3D NAND and DRAM devices used in 5G, artificial intelligence, data centers and edge computing applications.
On the back of the X-ray metrology system, KLAC is expected to gain momentum among advanced memory chip manufacturers, is likely to drive its top line in the days ahead.
This is expected to help KLA Corporation win the confidence of the investors in the near term and the long haul.
Shares of KLAC have been down 7.9% in the year-to-date period, outperforming the Computer and Technology sector’s decline of 33.5%.
Expanding Portfolio of Solutions
The latest launch of the Axion T2000 bodes well for KLA’s growing initiatives to expand its portfolio of technologically advanced solutions for various applications.
Apart from the recent release, KLAC introduced the new Orbotech Corus 8M direct imaging solution which offers a completely automated and extendable solution for highly accurate and efficient patterning processes.
KLA Corp. also unveiled the Frontline Cloud Services solution to speed up the process of design-for-manufacturability analysis and minimize IT-related bottlenecks.
We believe that KLA’s growing portfolio offerings will continue to help it sustain momentum in various end-markets it serves.
Zacks Rank & Stocks to Consider
Currently, KLA Corp. carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Zacks Computer & Technology sector are Arista Networks (ANET - Free Report) , Airbnb (ABNB - Free Report) and Asure Software (ASUR - Free Report) . While Arista Networks and Asure Software sport a Zacks Rank #1 (Strong Buy), Airbnb carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Arista Networks has lost 10.8% in the year-to-date period. The long-term earnings growth rate for ANET is currently projected at 17.5%.
Airbnb has lost 43% in the year-to-date period. ABNB’s long-term earnings growth rate is currently projected at 20.7%.
Asure Software has gained 5.1% in the year-to-date period. The long-term earnings growth rate for ASUR is currently projected at 23%.