Within the wafer fabrication equipment (WFE) landscape, several high-profile companies tend to dominate the discussion. This includes firms like ASML (NASDAQ: ASML), Lam Research (NASDAQ: LRCX), and Applied Materials (NASDAQ: AMAT).
Despite attracting less attention than some of its peers, KLA (NASDAQ: KLAC) is a vitally important player in the WFE space and in the broader semiconductor ecosystem. With a market capitalization near $185 billion, KLA is the world’s fourth most valuable stock in the WFE industry. Over the past 52 weeks, KLA shares have delivered a total return of nearly 93%.
