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Though near its 52-week high, KLA-Tencor (NASDAQ:KLAC) is up 2.3% after beating FQ2 estimates,...

Jan. 27, 2012 9:19 AM ETKLA Corporation (KLAC) StockKLACBy: Eric Jhonsa, SA News Editor
Though near its 52-week high, KLA-Tencor (NASDAQ:KLAC) is up 2.3% after beating FQ2 estimates, and guiding on its earnings call for FQ3 revenue of $770M-$830M ($684M consensus) and EPS of $1-$1.18 ($0.82 consensus). In-line with recent analyst notes (I, II), KLA claims it's seeing strong demand from chip foundries, as growing mobile chip production drives them to invest in cutting-edge manufacturing gear.

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