Welcome to our dedicated page for Lam Research news (Ticker: LRCX), a resource for investors and traders seeking the latest updates and insights on Lam Research stock.
Lam Research Corporation (NASDAQ: LRCX) is a FORTUNE 500® global supplier of wafer fabrication equipment and services to the semiconductor industry, and its news flow reflects its role in enabling advanced chip manufacturing. The company regularly issues updates on financial performance, technology introductions, collaborations, and corporate actions that are relevant to investors, customers, and industry observers.
On this page, readers can follow LRCX news ranging from quarterly earnings announcements and guidance to dividend declarations and investor conference participation. Lam’s earnings releases provide detail on revenue, margins, geographic mix, and the balance between systems and customer support-related revenue, while associated conference calls and webcasts offer additional context on business conditions and outlook.
Lam Research also publishes news about new products and process technologies, such as the introduction of VECTOR® TEOS 3D for advanced packaging and 3D integration, and updates on patterning and EUV-related innovations. Technology-focused releases often describe how Lam’s tools address manufacturing challenges for AI and high-performance computing applications, including 3D stacking, chiplet architectures, and atomic-scale patterning.
Another important category of Lam news involves strategic collaborations and ecosystem initiatives. Examples include the cross-licensing and collaboration agreement with JSR Corporation and Inpria Corporation to advance next-generation patterning materials and processes. The company also highlights investments and partnerships through its corporate venture arm, Lam Capital, as seen in its participation in Fabric8Labs’ funding round for advanced manufacturing capacity.
Corporate and governance updates, such as dividend increases, changes in independent auditors, and annual meeting outcomes, are also disclosed through Lam Research news releases and related SEC filings. Investors tracking LRCX can use this news feed to monitor developments that may influence Lam’s position in semiconductor machinery manufacturing and its engagement with the global semiconductor ecosystem.
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.
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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.
Lam Research Corporation (Nasdaq: LRCX) announced the retirement of Dr. Youssef A. El-Mansy from its board of directors, effective November 1, 2020, prior to the company's annual stockholders meeting. Dr. El-Mansy has served on the boards for 16 years and contributed significantly to the successful merger with Novellus Systems, bringing extensive semiconductor process technology expertise from his tenure at Intel. His departure raises questions about continuity and experience at a crucial time for the company.
Lam Research Corporation (Nasdaq: LRCX) announced its participation in the Citi 2020 Global Technology Conference, scheduled for September 9, 2020, at 11:25 a.m. PT. Doug Bettinger, CFO, will engage in a virtual fireside chat at this event. Interested parties can access a live webcast of the presentation from Lam’s website, with a replay available for two weeks post-event. Lam Research is a leading supplier of wafer fabrication equipment to the semiconductor industry, recognized for its technology and commitment to customer success.
Lam Research Corporation (Nasdaq: LRCX) announced a 13% increase in its quarterly dividend, raising it from $1.15 to $1.30 per share. The payment is scheduled for October 14, 2020, to shareholders on record by September 30, 2020. This move aligns with the company's commitment to disciplined annual dividend growth. Lam Research, based in Fremont, California, is a key supplier to the semiconductor industry, contributing to innovations in wafer fabrication equipment.
Lam Research reported a strong financial performance for the June 2020 quarter, achieving $2.79 billion in revenue, a 12% increase quarter-over-quarter. U.S. GAAP diluted EPS rose to $4.73, up 22% from the previous quarter. Non-GAAP results showed similar trends with a gross margin of 46.1% and diluted EPS of $4.78. The company ended the quarter with $7.0 billion in cash and equivalents, boosted by long-term debt issuance. Lam expects continued growth with guidance for September 2020 revenue at $3.1 billion +/- $200 million.
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