Full-Time

Product Engineer

KLA

KLA

10,001+ employees

High-precision semiconductor inspection and metrology tools

Compensation Overview

$117.8k - $200.3k/yr

+ Performance incentive programs + Employee stock purchase program + 401(k) company matching

Company Historically Provides H1B Sponsorship

Milpitas, CA, USA

In Person

Travel to beta sites is required for new tool installations, upgrades, and escalation support.

Bachelor's, Master's, PhD

Category
Software Engineering (1)
Required Skills
Forecasting
Data Analysis

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Requirements
  • Strong knowledge of overall system operation, system integration, and system calibrations.
  • Experience with seven-step troubleshooting, including driving learning and standardization where appropriate.
  • Understanding of service intellectual property protection and applying best known methods in documentation, field-replaceable units, tooling, and training.
  • Ability to analyze data from various sources and provide a detailed action plan for difficult beta and sustaining escalations.
  • Ability to develop and promote the use of Merlin and Solution Point during beta and released product phases.
  • Ability to determine training requirements for new products or upgrades and audit service training courses for quality.
  • Ability to define and optimize spare parts stocking plans based on reliability, diagnostics, inventory holding cost, training level, and other factors.
  • Ability to prepare and update cost-of-service models during the initial concept phase and apply the results to optimize diagnostic design.
  • Experience defining service offerings, analyzing market needs, forecasting cost of service, and developing sales support materials.
  • Ability to define and optimize preventive maintenance schedules for systems.
  • Ability to prepare products for obsolescence or transfer to Service Supply Chain Management ownership, including closing known issues, inventory disposition, and documentation and knowledge transfer.
  • Doctorate degree with 0 years of related work experience, or master's degree with 3 years of related work experience, or bachelor's degree with 5 years of related work experience.
Responsibilities
  • Serve as the central technical resource and interface with software and hardware design engineering, manufacturing, technical support, quality, marketing, and field teams throughout the product life cycle.
  • Incorporate serviceability, reliability, and service business-practice improvements into product design.
  • Optimize serviceability, reduce cost of service throughout the product life cycle, and improve short- and long-term product service revenue performance.
  • Continuously track system-level product performance throughout the product life cycle to ensure it meets established specifications.
  • Drive continuous improvement of system hardware, diagnostics and software, tooling, technical documentation, knowledge management, and training.
  • Act as a two-way conduit of information between design teams, technical support, and service personnel.
  • Leverage learning and knowledge across the technical support organization through training classes, scripts, coaching, documents, and knowledge-capture tools.
  • Work with Learning and Knowledge Services to determine training requirements for new products and upgrades; train the trainer and teach or co-teach initial courses.
  • Help define a plan, implement, and optimize spare parts stocked to support field shipments.
  • Prepare cost-of-service models during the initial concept phase and update them as new information becomes available.
  • Work with Services Marketing to define service offerings, analyze market needs, forecast cost of service, and develop sales support materials.
  • Help define and optimize preventive maintenance schedules for systems.
  • Help prepare products for obsolescence or transfer to Service Supply Chain Management ownership.
  • Participate in New Product Introduction best-practice teams to spread knowledge across product divisions.
  • Perform hands-on integration of alpha and beta systems, including serviceability validation.
  • Travel to beta sites to support new tool installations and upgrades and provide escalation support for new products.

KLA provides process control and yield management solutions for semiconductor manufacturers, offering high-precision inspection tools, metrology systems, and computational analytics software to monitor production and detect defects. Its products inspect wafers, measure critical features, and analyze data to identify deviations, enabling adjustments that raise yields and improve device performance. KLA differentiates itself with an integrated hardware-software-services suite focused on defect detection and yield optimization, backed by long-term service contracts and licenses. The company aims to power global operations with 100% renewable electricity by 2030, with the goal of helping semiconductor makers achieve higher yields and more reliable production.

Company Size

10,001+

Company Stage

IPO

Headquarters

Milpitas, California

Founded

1975

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Simplify Jobs

Simplify's Take

What believers are saying

  • Fiscal 2026 revenue reached $13.58 billion, with $3.77 billion free cash flow.
  • KLA returned $3.35 billion to shareholders and approved another $7 billion buyback.
  • AI infrastructure pushed Q1 fiscal 2027 revenue guidance to $4.0 billion.

What critics are saying

  • China delivered 30% of fiscal 2026 revenue, exposing KLA to export controls.
  • U.S. BIS restrictions already block certain China advanced-node shipments and service.
  • A broader China cutoff would remove nearly one-third of revenue and cripple growth.

What makes KLA unique

  • KLA controls 58% of process control, dominating semiconductor inspection and metrology.
  • Advanced packaging revenue targets rose from $635 million to $1 billion in 2026.
  • June 2026 backlog hit $12.57 billion, proving sticky demand across AI fabs.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Student Loan Assistance

Tuition Reimbursement

Wellness Program

Mental Health Support

Paid Vacation

Paid Holidays

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

18%

1 year growth

18%

2 year growth

18%
PR Newswire
Jul 28th, 2026
KLA reports Q4 revenue of $3.66B, forecasts Q1 revenue of $4B as AI infrastructure drives demand

KLA Corporation reported fourth quarter fiscal 2026 revenues of $3.66 billion, above the midpoint of guidance. GAAP diluted earnings per share came in at $1.04, whilst non-GAAP diluted EPS reached $1.05, both at the upper end of guidance. For the full fiscal year ended 30 June 2026, the semiconductor equipment manufacturer posted revenues of $13.58 billion and GAAP diluted EPS of $3.66. Operating cash flow for the year totalled $4.14 billion, with free cash flow of $3.77 billion. The company returned $3.35 billion to shareholders during fiscal 2026 through dividends and share repurchases. KLA completed a ten-for-one stock split on 11 June 2026. For the first quarter of fiscal 2027, KLA expects revenues of $4.0 billion, plus or minus $200 million, with non-GAAP diluted EPS projected at $1.16, plus or minus $0.10.

Yahoo Finance
Jul 27th, 2026
KLA stock pulled back 15% before earnings, but analysts see 9.4% upside

KLA is set to report quarterly earnings Tuesday after the bell, with analysts expecting 13.7% year-on-year revenue growth. The semiconductor equipment maker's shares closed at $210.52, down 15% over the past month but still up 16% over 90 days. The most popular valuation framework suggests KLA is 9.4% undervalued, placing fair value at $232.43 per share. That outlook assumes multiyear AI-driven wafer fabrication spending will remain durable, supported by government incentives and increasing process complexity. Estimates have been broadly reaffirmed over the past month, meaning this earnings report will serve as a check on whether KLA is meeting current expectations for the semiconductor equipment cycle. The valuation relies on continued revenue expansion, rising margins, and a premium earnings multiple through 2026. Risks include potential tariff pressure on margins, weaker China demand, and tighter export controls.

Yahoo Finance
Jul 14th, 2026
KLA Corporation leads with 41.7% margin while Covista and Matson underwhelm

KLA Corporation stands out as a profitable long-term investment, whilst Covista and Matson underwhelm, according to StockStory analysis. KLA Corporation, a leading supplier of semiconductor inspection equipment, demonstrated strong fundamentals with a 41.7% operating margin and 15.2% annual revenue growth over five years. Its 30.5% free cash flow margin provides flexibility for capital deployment. Covista, formerly DeVry Education Group, showed concerning signs with 15.2% annual sales growth below sector averages. Its free cash flow margin is expected to contract by 3.8 percentage points, whilst its 9% return on capital suggests difficulty finding profitable growth opportunities. Matson, an ocean transportation provider, posted disappointing 3.3% annual revenue growth over two years. Its free cash flow margin shrank by 13.2 percentage points over five years, indicating increasing capital consumption to maintain competitiveness.

Yahoo Finance
Jun 19th, 2026
KLA Corporation stock surges 109% in six months on strong financials and 40% operating margin

KLA Corporation, a leading supplier of semiconductor chip measurement and inspection equipment, has seen its stock price surge 109% over the past six months, reaching a new 52-week high of $260.62 per share. The company has demonstrated strong financial performance across multiple metrics. Its revenue grew at 15.2% annually over the past five years, outpacing the average semiconductor company. KLA Corporation has maintained elite profitability with an average operating margin of 40% over the last two years. The company's free cash flow margin averaged 30.5% over the past two years, ranking amongst the best in the semiconductor sector. Formed in 1997 through a merger of two semiconductor yield management companies, KLA Corporation continues to dominate its niche market with equipment essential for chip manufacturing quality control.

Yahoo Finance
Jun 8th, 2026
KLA beats Q3 expectations but stock drops 5% despite strong AI-driven semiconductor demand

KLA Corporation delivered strong Q3 FY26 earnings, beating revenue, earnings and gross margin expectations, yet shares fell over 5% as investors questioned near-term earnings conversion. The company holds 58% market share in process control and is benefiting from AI-driven manufacturing complexity, with advanced packaging expectations nearly doubling. However, KLA's 11% growth lagged behind peers like Lam Research, which grew 24%, highlighting sequencing risk as deposition and etch tools lead before inspection demand fully materialises. Non-GAAP gross margin of 62.2% is expected to decline to 61.75% due to DRAM costs, tariffs and mix effects. Trading at 37 times forward earnings, analysts suggest fair value around $1,780. The structural bull case remains intact, with KLA positioned as the "tax collector" of semiconductor manufacturing as complexity increases.