Report
Abhinav Davuluri
EUR 101.80 For Business Accounts Only

We're Adding Wide-Moat KLA-Tencor to Best Ideas List; Shares Undervalued Relative to $125 FVE

We are adding KLA-Tencor to the Best Ideas list as we remain positive regarding strong spending on wafer fabrication equipment spending in 2018. Both DRAM and NAND investments should be considerable while logic and foundry customers purchase tools in support of 10-nanometer process ramps. China’s push to develop a domestic advanced semiconductor manufacturing ecosystem also supports our thesis on KLA’s prospects. Consequently, we believe the new normal for annual equipment spending is in the mid...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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We have operations in 27 countries.

Analysts
Abhinav Davuluri

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