KLA Corporation (NASDAQ:KLAC) Q2 2023 Earnings Call Transcript

Bren Higgins: Yeah. So no change to what we talked about last quarter overall. We talked about a range of $500 million to $900 million across the business in terms of the impact to 2023, and so I don’t have an update to that or a different view at this point. We’ll see as we go, active engagement.

Toshiya Hari: Got it. And then on DRAM versus NAND, I think when you were going through the WFE assumption, you mentioned your expectation for DRAM to be down more than NAND. But when you think about your own business, KLA’s business, I would expect DRAM to be a little bit more resilient given EUV adoption insertion and the benefits there. Is that the right way to think about your business in calendar 2023 on a relative basis?

Bren Higgins: Yes, yes.

Toshiya Hari: Okay.

Bren Higgins: And I would expect our DRAM business to be stronger than our NAD as a percent. Yeah.

Toshiya Hari: Okay. Thank you.

Bren Higgins: Sure.

Kevin Kessel: Great. Thank you, everybody, for your time. We know it’s a really busy day of earnings. We also apologize for the technical difficulties we had during the call, but we will be catching up with all of you here afterwards. So I appreciate the interest and speak soon.

Operator: Thank you, ladies and gentlemen. This concludes the KLA Corporation December 2022 Earnings Call and Webcast. Please disconnect your line at this time, and have a wonderful day.