Good morning dear community!
I made an additional purchase in my medium-term derivatives portfolio yesterday before the holiday in the USA. I decided in favor of $KLAC (-3.2%) because I don't want to let this area run completely without tech. But therefore rather a less AI-dependent one.
The invisible champion of the chip industry
Very few people know KLA - but without this company, no modern chip would work. As the world's leading provider of measurement, inspection and process control systems, KLA is absolutely fundamental to semiconductor production.
KLA's technology ensures that TSMC, Samsung, Intel and Micron can produce flawless chips. Every nanometer counts - and this is where KLA is indispensable.
Impressive figures and margins
The facts speak for themselves: KLA achieves a gross margin of over 60 percent and an operating margin of over 41 percent. These are dream figures! In the last three years, the share price has risen by over 200% - and the story is far from over.
Particularly clever: 24% of turnover comes from recurring services such as maintenance and upgrades. This ensures predictability and stability, even if the chip market becomes volatile.
AI and high-end chips drive demand
The boom in artificial intelligence, high-bandwidth memory and advanced chip packaging technologies is fueling massive investments by major chip manufacturers. And every new production facility and every increase in capacity means more demand for KLA's precision technology.
With average annual sales growth of almost 10 percent and steadily increasing margins, KLA demonstrates that technological leadership and operational excellence are a perfect match.
KLA is not a gambling stock, but a profitable, technologically leading player in a growing market. Its high free cash flow, solid balance sheet and key role in chip production make the company resilient even in volatile phases.