Lam Research Stock Price, News & Analysis

Lam Research Corporation (Nasdaq: LRCX) announced its participation in the Goldman Sachs Technology & Internet Conference 2021. Tim Archer, President and CEO, will present on February 11, 2021, at 7:30 a.m. PT (10:30 a.m. ET). A live webcast of the event can be accessed on Lam's Investor Relations page, with a replay available for two weeks afterward.

Lam Research is a leading provider of wafer fabrication equipment and services for the semiconductor industry, known for its technological innovation and collaboration with major semiconductor companies.

Lam Research has launched Vantex, a cutting-edge dielectric etch technology for the Sense.i etch platform, designed to enhance performance and scalability in 3D NAND and DRAM manufacturing. This innovation allows chipmakers to achieve higher aspect ratios and improve etch profile uniformity while reducing costs. With increased RF power and advanced pulsing technology, Vantex is expected to significantly boost yield across 300mm wafers. The technology is already shipping for qualification to major memory customers, aiming for high-volume production in 2021.

Lam Research reported solid financial results for the December 2020 quarter, achieving $3.46 billion in revenue, a 9% increase from the previous quarter. U.S. GAAP diluted EPS rose to $5.96, up 7%, while non-GAAP diluted EPS reached $6.03, marking a 6% increase. However, gross margins declined slightly, with U.S. GAAP margin at 46.4% (-100 bps) and non-GAAP margin at 46.6% (-90 bps). The company anticipates March 2021 quarter revenue to be around $3.7 billion (+/- $200 million).

Lam Research Corp. (NASDAQ: LRCX) will host its quarterly financial conference call on January 27, 2021, at 2:00 p.m. PT. Investors can access the webcast on the company's website, with a replay available three hours post-call. As a leading supplier in the semiconductor industry, Lam Research emphasizes its commitment to innovation and customer success, supporting advanced chip manufacturing worldwide. For further inquiries, investors can reach Lam's Investor Relations department via email or phone.

Lam Research Corporation (Nasdaq: LRCX) will participate in the Credit Suisse 24th Annual Technology Conference on December 1, 2020, at 7:50 a.m. PT. Tim Archer, President and CEO, will represent the company during this event. A live webcast of the presentation will be accessible from Lam's investors' section on their website, with a replay available for two weeks post-event. Lam Research is recognized as a top supplier of wafer fabrication equipment and services to the semiconductor industry, crucial in building advanced chips worldwide.

Lam Research Corporation (Nasdaq: LRCX) has authorized a $5 billion share repurchase program and declared a quarterly dividend of $1.30 per share. The share buyback program is designed to enhance shareholder value and has no termination date, allowing flexibility in execution. Dividends will be paid on January 6, 2021, to shareholders on record by December 9, 2020. The company remains a key player in the semiconductor industry, providing essential wafer fabrication equipment, and is committed to ongoing innovation.

Lam Research reported strong financial results for the quarter ending September 27, 2020, with revenues of $3.18 billion, marking a 14% increase from the previous quarter. U.S. GAAP diluted EPS rose to $5.59, an 18% increase. Gross margin improved to 47.4%, and operating income as a percentage of revenue increased to 30.2%. Guidance for the upcoming quarter estimates revenues of approximately $3.3 billion with a gross margin of 46%. The firm continues to experience strong demand, especially from regions such as China and Korea.

Lam Research Corp. (LRCX) has unveiled its advanced Striker® FE platform, designed for manufacturing high-aspect-ratio chip architectures. This innovative system employs the first-of-its-kind ICEFill™ technology, optimizing the gapfill process in 3D NAND, DRAM, and logic devices, addressing significant limitations in traditional methods. The solution aims to meet industry demands for cost and technology scaling, enhancing productivity through a quad station module architecture. Lam Research is a leading supplier in the semiconductor equipment sector, enabling advanced chip production.