K

KLA

High-precision semiconductor inspection and metrology tools

Mechanical Design Engineer Intern

Summer 2026Posted on 10/13/2026
$27 - $38.50/hr
Internship
Master's
Ann Arbor, MI, USA
In Person
Design Engineering, Mechanical Engineering
No H1B Sponsorship

About the job

Requirements
  • The candidate must be currently enrolled in a four-year graduate program in Mechanical Engineering or a related field and have immigration authorization to undertake corporate internship projects.
  • The candidate must have less than one year of related experience.
  • The candidate should have taken classes in mechanical design and manufacturing and have basic knowledge of computer-aided design software.
  • Experience with PTC Creo and Ansys is a plus.
  • The candidate must have strong analytical capabilities and written and verbal communication and interpersonal skills.
  • The candidate must demonstrate perseverance and the ability to work collaboratively with individuals across different functions and locations as needed.
Responsibilities
  • Work on designing, documenting, and procuring parts for stand-alone test fixtures and tools.
  • Design three-dimensional computer-aided design models of parts and assemblies.
  • Prepare engineering documentation and perform basic analytical modeling.
  • Assemble and test designs in a laboratory environment.
  • Work with a team of interns and engineers on a specific aspect of a larger project, collaborating with engineers and interns from electrical engineering, optical engineering, and computer science disciplines.

About the company

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

Get referred to KLA

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • July 28, 2026 guidance called for $4.0 billion Q1 FY2027 revenue.
  • Advanced packaging revenue target rose from $635 million in 2025 to $1 billion in 2026.
  • KLA returned $3.35 billion to shareholders in fiscal 2026 and approved another $7 billion.

What critics are saying

  • China produced 29.8% of fiscal 2026 revenue; BIS restrictions already capped growth.
  • Export controls hit advanced technology transactions, and November 2026 rule changes threaten sales.
  • A prolonged AI capex pause and China cutoff would break growth and compress valuation.

What makes KLA unique

  • KLA's September 2026 advanced packaging portfolio spans wafers, panels, and components.
  • July 28, 2026 results showed $13.58 billion revenue and $3.77 billion free cash flow.
  • KLA's process control is essential for sub-2nm and AI chip manufacturing complexity.

Help us improve and share your feedback! Did you find this helpful?

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

19%

1 year growth

19%

2 year growth

19%
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.

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.