{"id":837220,"date":"2024-07-25T10:56:49","date_gmt":"2024-07-25T05:26:49","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=837220"},"modified":"2024-07-25T10:58:34","modified_gmt":"2024-07-25T05:28:34","slug":"kla-forecasts-fiscal-q1-revenue-above-estimates-after-strong-quarter","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/25\/kla-forecasts-fiscal-q1-revenue-above-estimates-after-strong-quarter\/","title":{"rendered":"KLA forecasts fiscal Q1 revenue above estimates after strong quarter"},"content":{"rendered":"<p>KLA Corp forecast revenue and profit for its fiscal first quarter above expectations after posting better-than-expected results for the preceding three months on Wednesday, sending its shares up 3% in after-hours trading.<\/p>\n<p>A surge in AI applications is driving demand for high-end chips benefiting a battery of chip producers as well as ancillary suppliers such as KLA.<\/p>\n<p>&#8220;We are encouraged by the early signs of a strengthening market environment for our customers at the leading edge and are increasingly confident in our plan for steady improvement throughout the remainder of this calendar year and into 2025,&#8221; CEO Rick Wallace said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KLA Corp forecast revenue and profit for its fiscal first quarter above expectations after posting better-than-expected results for the preceding three months on Wednesday, sending its shares up 3% in after-hours trading. A surge in AI applications is driving demand for high-end chips benefiting a battery of chip producers as well as ancillary suppliers such as KLA. &#8220;We are encouraged by the early signs of a strengthening market environment for our customers at the leading edge and are increasingly confident in our plan for steady improvement throughout the remainder of this calendar year and into 2025,&#8221; CEO Rick Wallace said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-837220","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/837220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=837220"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/837220\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=837220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=837220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=837220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}