Milpitas, California-based KLA Corporation (KLAC) is a technology company serving the semiconductor industry, with a market capitalization of about $229.2 billion. The company develops advanced equipment and services for inspecting and controlling manufacturing processes, helping produce wafers, integrated circuits, advanced packaging, reticles, and printed circuit boards.
Companies worth $200 billion or more are generally described as “mega-cap stocks,” and KLA definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance within the Semiconductor Equipment & Materials industry.