Full-Time

Product Engineer

Reliability Modeling & Statistics

Posted on 10/3/2025

KLA Corporation

KLA Corporation

10,001+ employees

Provides process-control, inspection, metrology tools

Compensation Overview

$61.5k - $104.6k/yr

+ Performance Incentive Programs

Ann Arbor, MI, USA

In Person

Category
Software Engineering (2)
,
Requirements
  • Bachelor's Level Degree and 0 years related work experience mechanical engineering, electrical engineering, computer science engineering, statistics, or related engineering discipline
  • Demonstrated experience of advancing solutions to technical problems in a cross-functional and multidisciplinary environment
  • Evidence of learning new software and adaptability to continuously learn new technical topics
  • Evidence of applying statistics in solving real world industrial problems. A strong understanding of statistical distributions and their applications in real world (e.g., Weibull, exponential, etc.)
  • A strong grasp of basic probability concepts. An understanding of Bayes’ probability framework is considered a plus.
  • Evidence of proficiency in coding to solve applied industrial problems
  • Strong interpersonal and communication skills
Responsibilities
  • Initially understand reliability models, then gradually own and run them to generate engineering insights
  • Identify gaps between models and real-world scenarios, and develop innovative ideas to bridge these gaps with clever assumptions
  • Write code as necessary to develop a fundamental understanding of reliability and statistical problems, and present insights and visualizations concisely
  • Collaborate with cross-functional groups to obtain extensive data from the field and validate model results against field results
  • Continuously drive innovation and features in the reliability, availability, and maintainability modeling domain
  • Deliver written periodic reports to keep the wider team informed about status and progress
  • Present ideas and results in concise decks and summary documents
  • Lead cross-functional technical groups, convey key ideas, resolve differing viewpoints with a collaborative spirit, and move discussions forward
  • Eager to learn and adept at picking up new technical concepts and software
  • Be self-driven with a drive for problem-solving
Desired Qualifications
  • Familiarity with any commercial reliability software (e.g., ReliaSoft)
  • Demonstrated experience with part level and system level reliability analysis. Experience with reliability analysis of complex equipment systems a plus.
  • Experience with failure mode analysis
  • Familiarity with SQL and PBI
  • Demonstrated experience using statistical and visualization packages for problem solving (e.g., JMP, Matlab, R, Python, PBI, Tableau, etc.). Familiarity with SQL is a plus.
  • Master’s degree or doctorate in related discipline is preferred
  • Experience in the framework of a Product Life Cycle and SEMI E10 definitions is a plus

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

  • Advanced packaging revenue grows from $635M in 2025 to $1B in 2026.
  • AI chip demand drives Q3 2026 revenue to $3.415B, up 11% YoY.
  • Service business hits $775M in March 2026, up 16% YoY.

What critics are saying

  • US export controls block 31.2% China revenue in fiscal 2026.
  • ASML erodes KLA share in $12B advanced packaging market now.
  • Supply constraints and tariffs cut 100 basis points in 2026.

What makes KLA Corporation unique

  • KLA holds over 50% market share in semiconductor process control since 1975.
  • KLA leads process control for advanced wafer level packaging since 2025.
  • KLA integrates inspection tools, metrology, and AI analytics for defect detection.

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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

Company News

Yahoo Finance
Mar 24th, 2026
KLA advances packaging revenue hits $950M with 70% growth, eyes mid-teens expansion in 2026

KLA is benefiting from strong advanced packaging growth driven by increasing demand for AI and high-performance computing chips. The company reported advanced packaging systems revenue of approximately $950 million in calendar 2025, representing over 70% year-over-year growth, with mid-to-high-teens growth expected in 2026. KLA forecasts the core wafer fabrication equipment market to reach the low $120 billion range in 2026, up from approximately $110 billion in 2025. Advanced packaging is expected to grow to around $12 billion, bringing the total market to the mid-$130 billion range. However, the company faces headwinds including supply constraints, rapidly increasing lead times and tariff impacts of roughly 100 basis points. KLA also faces stiff competition from ASML and Applied Materials in advanced packaging.

Yahoo Finance
Mar 23rd, 2026
KLA leads cash efficiency while Bentley Systems and Paramount fall short

This article discusses three cash-producing stocks, recommending one buy and two sells. **Sell recommendations:** Bentley Systems (BSY), a digital infrastructure software provider, shows concerning signs with average ARR growth of just 12.3% and a projected 3.1 percentage point decline in free cash flow margin next year. Paramount Global (PSKY) struggles with annual sales growth of only 2.7% over five years and weakening returns on capital, with free cash flow margin expected to shrink by 2.7 percentage points. **Buy recommendation:** KLA Corporation (KLAC), a leading semiconductor inspection equipment supplier, maintains a strong 34.4% trailing 12-month free cash flow margin. The article notes that whilst strong cash flow indicates stability, it doesn't guarantee superior returns without proper capital allocation.

Yahoo Finance
Mar 7th, 2026
AMAT, TSM, and KLAC see strong institutional inflows as semiconductor AI boom continues

Applied Materials, Taiwan Semiconductor Manufacturing and KLA Corporation present semiconductor opportunities, according to Lucas Downey. Applied Materials reported $7 billion in first-quarter fiscal 2026 revenue with non-GAAP earnings of $2.38 per share, guiding for $7.65 billion in quarterly revenue and up to $2.84 earnings per share. TSMC, with a $1.5 trillion market capitalisation, posted $33.7 billion in fourth-quarter fiscal 2025 revenue and 46.4% earnings-per-share growth, projecting up to $35.8 billion in first-quarter 2026 revenue. The company shows 19% three-year sales growth and 21.9% earnings-per-share growth. KLA Corporation, valued at $200 billion, has gained 99.7% over the past year. Its second-quarter fiscal 2026 report showed full-year revenue exceeding $12.7 billion, up 17% year-over-year, with 29% earnings-per-share growth.

Yahoo Finance
Feb 8th, 2026
Citi raises KLA price target to $1.8K amid Phase 2 wafer fab equipment upcycle

Citi has raised its price target for KLA Corporation from $1,450 to $1,800, maintaining a "Buy" rating on 30 January. The upgrade reflects confidence in a persistent Phase 2 upcycle in wafer fabrication equipment, with potential upside extending into 2027. KLA reported fiscal second-quarter results on 29 January, posting non-GAAP net income of $1.17 billion and revenue of $3.30 billion, exceeding guidance. The company expects third-quarter revenue of $3.35 billion and non-GAAP earnings per share of $9.08, driven by AI-related semiconductor investment. RBC Capital also raised its price target from $1,550 to $1,600 whilst maintaining a "Sector Perform" rating. KLA provides process control and inspection systems critical to advanced semiconductor manufacturing.

Yahoo Finance
Jan 30th, 2026
KLA stock drops 11.5% despite beating earnings as tariffs and component shortages cloud outlook

KLA Corporation shares fell 11.5% on Friday despite beating Wall Street expectations in its second-quarter earnings report. The semiconductor equipment maker posted revenue of $3.30 billion, up 7.1% year over year, and adjusted earnings of $8.85 per share, surpassing analyst forecasts. However, investors focused on operational challenges highlighted during the earnings call. CFO Bren Higgins warned that component shortages are extending equipment delivery lead times, whilst tariff expenses are pressuring margins. The company is also struggling to meet strong demand for memory-chip manufacturing tools. The sell-off follows a 140% stock gain over the previous 52 weeks. Analysts suggest the decline represents profit-taking rather than fundamental concerns, noting KLA's market position remains strong with limited alternatives for high-end chip-making equipment.

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