Government IncentivesThe CHIPS Act can help to accelerate semiconductor localization in the US by encouraging capital expenses, providing a tailwind for KLAC.
Semiconductor Industry TrendsTrends in the semiconductor industry, such as increasing digitization and significant investments by major players like TSMC and Samsung, are likely to boost the demand for KLAC.
Technological AdvancementsKLAC's tools, which help semiconductor manufacturers yield defect-free chips, are likely to become more crucial as they move to more challenging fabrication processes.