KLA Corporation
KLACQ4 2023(KLAC Q1 FY2024)Estimated7% AI
AI Revenue %
7%
AI Fair Value
$6.2B
AI Revenue (Q)
$165.2M
Total Revenue (Q)
$2.4B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
KLA does not disclose AI-specific revenue. In the Jul-Sep 2023 quarter, total revenue was $2,397M. AI chip demand was accelerating rapidly -- NVIDIA was shipping H100s at scale, and hyperscalers were placing large orders for leading-edge logic and HBM. KLA benefits from this as a critical supplier of inspection/metrology equipment for advanced nodes. However, KLA's overall revenue was declining year-over-year (from $2,724M), reflecting broader semi cycle weakness in non-AI segments like smartphones and PCs. AI was becoming a larger share of a shrinking pie. Conservative estimate: ~7% of $2,397M = ~$168M attributable to AI chip manufacturing demand.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenues $2,396,956 thousand (Product $1,836,664; Service $560,292) for three months ended September 30, 2023
Condensed Consolidated Statements of Operations, 10-Q Sep 2023
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
39xx Series wafer inspection29xx Series wafer inspectionSpectraShape metrologyArcher overlay metrology
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix