Sep 07, 2023 / 03:15PM GMT
Atif Malik - Citigroup Inc., Research Division - Director & Semiconductor Capital Equipment and Specialty Semiconductor Analyst
My name is Atif Malik. I cover U.S. semiconductor, semiconductor equipment and communication equipment stock here at Citi. It's my pleasure to welcome Bren Higgins, CFO of KLA-Tencor. We also have Kevin Kessel, VP of IR, in the audience as well. Welcome, Bren.
Bren D. Higgins - KLA Corporation - Executive VP & CFO
Yes. Thank you for having me.
Questions and Answers:
Atif Malik - Citigroup Inc., Research Division - Director & Semiconductor Capital Equipment and Specialty Semiconductor AnalystI'm going to kick it off with my questions first and then open it up to the audience to ask their questions. If you have a question, please raise your hand, and we'll send the mic over to you. Bren, I'm going to start with where we are kind of in the cycle, when investors look at KLA, you guys have the highest quality gross margins, very high dividend rate, a very defensive, very steady
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