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Lam Research Corporation - $LRCX STOCK NEWS

Welcome to our dedicated page for Lam Research Corporation news (Ticker: $LRCX), a resource for investors and traders seeking the latest updates and insights on Lam Research Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lam Research Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lam Research Corporation's position in the market.

Rhea-AI Summary
Lam Research Corporation announced its financial results for the December 2023 quarter, with revenue of $3.76 billion, U.S. GAAP gross margin of 46.8%, and non-GAAP diluted EPS of $7.52. The company's cash and cash equivalents increased to $5.6 billion, and deferred revenue rose to $1,928 million. The geographic distribution of revenue showed 40% from China, 19% from Korea, and 14% from Japan. Lam Research provided guidance for the quarter ended March 31, 2024, with an estimated revenue of $3.7 billion and non-GAAP diluted EPS of $7.25.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.06%
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Rhea-AI Summary
Lam Research Corp. (NASDAQ: LRCX) to host quarterly financial conference call and webcast on January 24, 2024, at 2:00 p.m. Pacific Time. Webcast details and replay information available on Lam's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
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none
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Rhea-AI Summary
Lam Research Corp. (Nasdaq: LRCX) has been included on the prestigious 2023 Dow Jones Sustainability Index (DJSI) for North America, reflecting the company's dedication to environmental, social, and governance (ESG) excellence. Lam's strong business ethics, health and safety practices, and demonstrated transparency in ESG reporting contributed to its rating. The company aims to advance responsible policies, processes, products, and relationships to build a more sustainable future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.43%
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none
Rhea-AI Summary
Lam Research Corp. (Nasdaq: LRCX) Announces CEO Participation in UBS Global Technology Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
Tags
conferences
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Rhea-AI Summary
Lam Research Corporation (Nasdaq: LRCX) approves $2.00 quarterly dividend per share, payment on January 3, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.41%
Tags
dividends
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Rhea-AI Summary
Lam Research announces financial results for the September 2023 quarter with revenue of $3.48 billion and non-GAAP diluted EPS of $6.85. Gross margin and operating income as a percentage of revenue increased compared to the June 2023 quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.27%
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Rhea-AI Summary
Lam Research Corp. to host quarterly financial conference call and webcast on October 18, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.22%
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none
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Rhea-AI Summary
Lam Research donates $10 million to FIRST Global Challenge, supporting STEM education and cultivating future technology leaders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
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conferences
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Rhea-AI Summary
Lam Research Corp. announces 2023 Supplier Excellence Awards, recognizing 12 companies for their collaboration in building a resilient supply chain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.81%
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none
Rhea-AI Summary
Lam Research Corp. announces CFO's participation in investor events
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
conferences
Lam Research Corporation

Nasdaq:LRCX

LRCX Rankings

LRCX Stock Data

122.33B
130.51M
0.25%
89.43%
1.96%
Semiconductor Machinery Manufacturing
Manufacturing
Link
United States of America
FREMONT

About LRCX

Lam Research Corporation is an American supplier of wafer-fabrication equipment and related services to the semiconductor industry. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices and their wiring.