KLA Corporation Reports Significant Backlog Growth Driven by AI Infrastructure Demand

KLA Corporation reported that its backlog rose to $12.57 billion for the fiscal year ended June 30, 2026, up from $7.86 billion a year earlier. The company attributed the increase to demand for inspection and process control systems amid AI infrastructure and high-performance computing expansion, as chip packaging complexity raises the need for yield-focused inspection. Services contributed approximately 23% of fiscal 2026 revenue. The article did not report total revenue, profit, or stock-price movements.