KLA said the U.S. Department of Commerce's Bureau of Industry and Security on December 2, 2024 released interim final rules that add companies to the Entity List and further restrict certain semiconductor capital equipment products and services to China-based customers without a license (the 2024 BIS Rules).

1. 01

   KLA said the U.S. Department of Commerce's Bureau of Industry and Security on December 2, 2024 released interim final rules that add companies to the Entity List and further restrict certain semiconductor capital equipment products and services to China-based customers without a license (the 2024 BIS Rules).

2. 02

   The company said the 2024 BIS Rules are complex and it is still reviewing how they apply to its products and services. It said the rules further limit what it can provide to China-based customers without a license.

3. 03

   KLA said that after preliminary reviews of the potential business impact of the 2024 BIS Rules on its December quarter, it is reaffirming its guidance for the quarter ending December 31, 2024, as provided in its earnings release for the quarter ended September 30, 2024.

4. 04

   The company said it will discuss the broader business context and the impact of the 2024 BIS Rules on its calendar 2025 business at investor conferences on December 2024, 3 to 4.

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