canar.ai
Rankings/KLAC/Q3 2024 Analysis

KLA Corporation

KLAC
Q3 2024(KLAC Q4 FY2024)Estimated9% AI
AI Revenue %
9%
AI Fair Value
$9.4B
AI Revenue (Q)
$276.9M
Total Revenue (Q)
$3.1B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.gov

Analysis

KLA does not disclose AI-specific revenue. The FY2024 10-K (ending June 2024) adds 'Risks related to artificial intelligence' as a risk factor for the first time, acknowledging AI's growing importance. Full-year FY2024 revenue was approximately $9,813M (sum of four quarters: $2,397M + $2,487M + $2,360M + Q4). Using nine-month YTD revenue of $7,244M from the Q3 filing, Q4 FY2024 revenue was approximately $2,569M. AI-related WFE spending was accelerating, driven by massive NVIDIA Blackwell orders and HBM3E ramp. Conservative estimate: ~9% of ~$2,569M = ~$231M.
Analyzed by claude-opus-4-6

Quoted Figures

Risks related to artificial intelligence
Risk Factors, Item 1A, 10-K FY2024
Nine months ended March 31, 2024 total revenues $7,243,512 thousand
Condensed Consolidated Statements of Operations, 10-Q Mar 2024
For IC manufacturing, our systems support the production of all chip types including advanced logic, DRAM, 3D NAND, power devices, MEMS, legacy design node chips and more.
Item 1, 10-K FY2024

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 inspectionC30x Series inspectionSpectraShape metrologyArcher overlay metrologyAxion metrologyeSL10 e-beam inspection

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix