July 27 (Reuters) - Chip-making tools maker KLA Corp (KLAC.O) forecast first-quarter revenue and profit above Wall Street estimates on Thursday, boosted by higher investments in artificial intelligence (AI), sending its shares up nearly 3% after the bell.
KLA makes tools for inspecting the silicon wafer discs, on which semiconductors are built, for defects.
The company, forecast first-quarter adjusted profit of $5.35 per share, plus or minus 60 cents.
In the quarter ended June 30, revenue came in at $2.36 bln while adjusted profit was $5.40 per share.
That compared with analysts' estimate for revenue of $2.26 bln and adjusted profit of $4.85.
Persons:
OpenAI's ChatGPT, Bren Higgins, Akash Sriram, Akshita Toshniwal, Tanya Jain, Max A, Arun Koyyur, Cynthia Osterman
Organizations:
KLA Corp, Wall, Companies, Intel, Samsung, Texas Instruments, Micron, North, Thomson
Locations:
China, United States, Taiwan, North America, Bengaluru, San Francisco