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KLA Corporation

Provides process-control, inspection, metrology tools

Algorithm Engineer Intern

InternshipUpdated on 10/15/2026
$40 - $50/hr
Master's, PhD
Ann Arbor, MI, USA
In Person
AI & Machine LearningApplied Machine Learning, Computer Vision

About the job

Requirements
  • Students must be pursuing a Master's or PhD-level degree.
Responsibilities
  • Work with traditional and deep learning algorithm techniques, including optical, physical, and mathematical modeling, inverse problems, and AI models, to meet and improve results on KLA products.
  • Experiment with new techniques to improve results or reduce compute cost for modeling techniques that process and analyze measurement spectra and images.
  • Build signal and image processing and analysis tools for more efficient experimentation.
  • Manage measurement and imaging data used for training and experimentation of AI and physics modeling systems.
  • Develop software tools and solutions to process and analyze measurements and images for KLA products.

About the company

KLA Corporation provides process control and yield management solutions for semiconductor manufacturers. Its offerings include advanced inspection tools, metrology systems, and computational analytics software that together detect defects and help correct process variations in semiconductor fabrication. The equipment and software collect data from production lines and analyze it to identify root causes of defects, enabling manufacturers to adjust processes and improve yields. What sets KLA apart is its integrated portfolio of high-precision hardware, software licenses, and ongoing service contracts aimed at reducing defects and improving reliability across the production cycle, along with a strong emphasis on data-driven analytics. The company’s goal is to help customers produce higher-quality electronic devices more efficiently, and it aims to power its global operations with 100% renewable electricity by 2030.

Company Size

10,001+

Company Stage

IPO

Headquarters

Milpitas, California

Founded

1997

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Simplify's Take

What believers are saying

  • FY2026 revenue rose 11.7% to $13.58 billion; AI infrastructure drove demand.
  • Advanced packaging process control revenue targets $1.1 billion in calendar 2026.
  • Q1 FY2027 guidance is $4.0 billion, signaling continued sequential momentum.

What critics are saying

  • China was 29.8% of FY2026 revenue; export controls already capped advanced-tool sales.
  • Tariff uncertainty and margin pressure persist through 2026, squeezing gross margins.
  • A 2027 AI capex pause from TSMC, Samsung, and Micron would crush inspection demand.

What makes KLA Corporation unique

  • KLA holds 60% process-control share and leads advanced wafer-level packaging tools.
  • Its inspection and metrology products sit upstream of every leading-edge chip yield decision.
  • Services generated $775 million in March 2026, creating recurring high-margin revenue.

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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

Wellness Program

Paid Vacation

Paid Holidays

Family Planning Benefits

Growth & Insights and Company News

Headcount

6 month growth

19%

1 year growth

19%

2 year growth

19%
Yahoo Finance
Oct 13th, 2026
KLA packaging sales to hit $1.1B in 2026, up 70%, as AI demand lifts the stock

KLA expects about $1.1 billion in revenue from packaging process control systems in calendar 2026, up more than 70% from a year earlier. Management raised the forecast on its fiscal Q4 2026 call on July 28, 2026, from an earlier high-50% growth estimate. Management links the demand to AI, which requires new, complex packaging steps. Customers adopting methods such as hybrid bonding are buying more inspection tools. Packaging remains a small part of KLA, which had $13.6 billion in sales over the last twelve months. Fiscal Q4 revenue hit a record $3.66 billion, with gross margin of 62.4%. The company guided to $4 billion for the September quarter, plus or minus $200 million. Higher memory component costs and long lead times of 12 to 24 months could limit output. The stock trades at 51.4 times earnings, against 21.9 for the S&P 500.

Yahoo Finance
Oct 13th, 2026
Two cash-rich stocks to hold for decades, KLA and AutoZone, and one to avoid, Herbalife

StockStory named two cash-generating stocks to hold long term and one to avoid, arguing that strong cash flow alone does not make a good investment. It likes KLA Corporation (NASDAQ:KLAC), a maker of equipment that measures and inspects semiconductor chips. Its trailing 12-month free cash flow margin is 27.7%, annual revenue growth over five years was 14.4%, and operating margin is 40.6%. The shares trade at $188.88, or 35.6x forward earnings. It also backs AutoZone (NYSE:AZO), an auto parts retailer with a free cash flow margin of 8.9% and an operating margin of 18.7%. Same-store sales grew an average of 3.4% over two years, and the shares trade at $2,900, or 17.4x forward earnings. It advises avoiding Herbalife (NYSE:HLF), with a 6.2% free cash flow margin. Organic revenue has disappointed, expected sales growth is 2.1%, and earnings per share fell 8.3% annually over three years.

Yahoo Finance
Oct 9th, 2026
KLA stock surged 74% on AI chip demand despite cautious outlook and slowing growth

KLA stock returned 73.6% over the twelve months to October 2026, driven by semiconductor makers' spending on chips for artificial intelligence. The earliest signal emerged on 24 July 2024, when executives noted the business had transitioned from stabilising to growing again. Financial results validated this claim. Revenue growth accelerated from 9.1% in fiscal Q4 2024 to 29.8% in fiscal Q3 2025, whilst operating margin widened from 38.0% to 42.5%. The connection to artificial intelligence became public on 30 April 2025, when KLA forecast revenue above Wall Street estimates. The stock run occurred whilst top-line expansion trailed fiscal 2025's pace. For fiscal Q4 2026, KLA reported record revenue of $3.66 billion, up 15% year-over-year, below the 29.8% growth achieved in fiscal Q3 2025.

Yahoo Finance
Oct 1st, 2026
Chip equipment makers eye $229B windfall as AI drives 2nm expansion

Global chip equipment sales are forecast to reach a record $229.5 billion in 2028, according to industry trade group SEMI. Four companies dominate different stages of chipmaking: ASML makes lithography machines that print circuit patterns, Applied Materials and Lam Research produce tools that deposit and carve chip layers, whilst KLA specialises in inspection equipment. ASML holds a monopoly on extreme ultraviolet machines used for advanced chips, capturing roughly a quarter of chipmaker capital spending. Applied Materials trades at about 29 times forward earnings, the cheapest of the four. Lam recently posted its highest gross margin in 20 years. KLA trades at approximately 36 times forward earnings, the priciest valuation in the group. All four companies hold Strong Buy or Buy ratings from analysts.

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.