ab 20 July 2026 Global Research US Semiconductors and Semi Equipment SemiBytes: Earnings Previews (KLAC, TER, LRCX, ARM, QCOM, ALGM, PI) Please see our separate SemiBytes note here. KLAC (reports 7/28 AMC): We model FQ4:26 (Jun) revenue of ~$3.67B, reflecting KLAC's tendency to print above mid-pt of guidance, and see FQ1:27E (Sep) revenue of ~$4.01B (+$100MM vs Street), supported in part by ASML's strong print and revisions to estimates into C2H26. On the call, we expect management's tone on C2026 to remain ...