KLA (KLAC) Q2 FY26 earnings call

KLA delivered strong Q2 FY26 results, driven by robust demand for AI infrastructure, advanced packaging, and leading-edge foundry/logic. The company continues to outperform the WFE market, leveraging its process control leadership and expanding market share. Management is focused on navigating supply constraints and DRAM cost headwinds while investing in next-generation product development and maintaining a strong capital return strategy.