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 leading American supplier of wafer fabrication equipment and related services to the semiconductor industry. Headquartered in Fremont, California, Lam Research designs and manufactures tools that are essential for the production of integrated circuits, commonly known as microchips. The company's equipment plays a critical role in the front-end wafer processing stages, which are vital for creating the active components and wiring structures of semiconductor devices.
With a strong presence in the semiconductor manufacturing market, Lam Research specializes in deposition and etch processes. Deposition involves the buildup of complex layers on semiconductor wafers, while etching selectively removes patterns from these layers to create intricate circuit designs. Lam Research holds a top market share in etch technology and is the second largest player in deposition. The company's customers include major global chipmakers such as TSMC, Samsung, Intel, and Micron.
Lam Research has recently made significant strides in innovation and sustainability. The company introduced its Semiverse Solutions portfolio, which creates a virtual semiconductor innovation ecosystem that enhances engineering skill training and accelerates technology breakthroughs. This initiative is crucial for addressing talent shortages and improving safety and sustainability in semiconductor education.
In its latest efforts to support the semiconductor industry's growth, Lam Research has also announced its collaboration with the Indian government to educate and train the next generation of semiconductor engineers. The company's advanced virtual labs and tools provide cost-effective and safe learning environments, democratizing access to cutting-edge technologies and expanding the talent pool globally.
Financially, Lam Research has demonstrated resilience and robust performance. For the quarter ended December 2023, the company reported revenues of $3.758 billion and a gross margin of 46.8%, with net income reaching $954 million. This financial strength enables Lam Research to continue investing in product differentiation and global infrastructure, positioning itself favorably for future growth driven by innovations like artificial intelligence.
Lam Research remains committed to environmental, social, and governance (ESG) goals. The company has exceeded its water savings targets and expanded its employee volunteer hours, showcasing its dedication to sustainability and community impact. Additionally, Lam has been recognized for its ESG efforts, being included in the Dow Jones Sustainability Index for North America and receiving numerous industry accolades.
Lam Research (LRCX) has announced its participation in an upcoming investor event. Tim Archer, President and CEO, and Doug Bettinger, Executive Vice President and CFO, will represent the company at the Morgan Stanley TMT Conference on March 4, 2025, at 12:20 p.m. Pacific Time.
The presentation will be accessible to the public through a live audio webcast available on the Investors' section of Lam's website. A replay of the webcast will remain available for two weeks following the presentation.
Lam Research (LRCX) has unveiled Akara®, its most advanced conductor etch technology to date, designed for 3D chipmaking. The breakthrough system features DirectDrive® technology, delivering plasma responses 100x faster than previous sources and enabling atomic-scale feature creation.
Akara builds upon Lam's Kiyo® conductor etch tool legacy, which has over 30,000 chambers in production since 2004. The new technology enables scaling of gate-all-around transistors, 6F2 DRAM, and 3D NAND devices, with future compatibility for 4F2 DRAM and 3D DRAM. Key features include TEMPO plasma pulsing for enhanced etch selectivity and SNAP ion energy control for atomic precision.
The system has been selected by leading manufacturers as the production tool of record for advanced DRAM and foundry GAA applications, with repeat orders indicating strong market validation.
Lam Research (LRCX) has introduced ALTUS® Halo, the first atomic layer deposition (ALD) tool utilizing molybdenum in advanced semiconductor production. Currently in qualification and ramping with leading chipmakers, this breakthrough technology delivers exceptional feature fill and high-precision deposition of low-resistivity, void-free molybdenum metallization.
The tool provides over 50% improvement in resistance compared to conventional tungsten metallization, eliminating the need for adhesion or barrier layers, thus reducing process steps and improving chip speed. Early adoption has begun at high-volume 3D NAND manufacturers in Korea and Singapore, and advanced logic fabs, with ongoing development for DRAM customers.
ALTUS Halo represents a significant shift from tungsten to molybdenum-based metallization, important for scaling NAND, DRAM, and logic devices for future AI, cloud computing, and smart devices.
Lam Research (NASDAQ: LRCX) has announced an upcoming Investor Day scheduled for Wednesday, February 19, 2025, from 9:00 a.m. to noon Eastern Time. The event will be held at the Mandarin Oriental in New York City.
The meeting will provide investors and financial analysts with comprehensive updates on Lam's long-term market trends, opportunities, products, strategies, and financial targets. The company will offer a live webcast of the event, with a replay available on the Investors section of their website.
Institutional investors and financial analysts interested in attending the event in person are encouraged to contact investor.relations@lamresearch.com.
Lam Research (LRCX) has announced its Board of Directors' approval of a quarterly dividend of $0.23 per share of common stock. The dividend will be paid on April 9, 2025, to stockholders of record as of March 5, 2025.
Lam Research is a global supplier of wafer fabrication equipment and services to the semiconductor industry, enabling customers to produce smaller and better-performing devices. The company's technology is utilized in the production of nearly every advanced chip, combining systems engineering excellence with technology leadership and a values-based culture.
Lam Research (Nasdaq: LRCX) announced that its Aether® dry photoresist technology has been chosen by a leading memory manufacturer as the production tool of record for advanced DRAM processes. The technology, introduced in 2020, enhances the capabilities of Extreme Ultraviolet (EUV) lithography in semiconductor production.
The memory manufacturer will implement Aether® tools in its most advanced DRAM nodes for dry resist underlayers, films, and development processes. This technology overcomes traditional tradeoffs between exposure dose and manufacturing defectivity, enabling precise, low-defect patterning while reducing costs and improving scanner productivity.
Notably, Aether® offers significant sustainability benefits, using five to ten times less chemicals than traditional wet chemical resist processes and consuming less energy. The technology enhances EUV sensitivity and pattern resolution, improving wafer adherence, performance, and yield in semiconductor manufacturing.
Lam Research reported financial results for Q4 2024, showing revenue of $4.38 billion, representing a 5% increase from the previous quarter's $4.17 billion. The company achieved a U.S. GAAP gross margin of 47.4% and diluted EPS of $0.92, up 7% quarter-over-quarter.
Key metrics include operating income at 30.5% of revenue and net income of $1.19 billion. Regional revenue distribution showed China leading at 31%, followed by Korea at 25% and Taiwan at 17%. Systems revenue was $2.63 billion, while customer support-related revenue reached $1.75 billion.
For Q1 2025, Lam provided guidance of $4.65 billion (±$300 million) in revenue, with an expected gross margin of 47.9% and diluted EPS of $1.00 (±$0.10).
Lam Research (LRCX) has achieved a significant breakthrough in semiconductor manufacturing with its dry photoresist technology being qualified for 28nm pitch back end of line logic at 2nm and below by imec. The technology enhances extreme ultraviolet (EUV) lithography's resolution, productivity, and yield in next-generation semiconductor device production.
The dry resist technology provides key advantages including low-defect patterning, improved EUV sensitivity, and enhanced resolution. When paired with low NA EUV scanner at imec, the process is also extendible to high NA EUV scanner applications. Notably, the technology offers substantial sustainability benefits, consuming less energy and 5-10 times fewer raw materials compared to traditional wet chemical resist processes.
Lam Research (NASDAQ: LRCX) has announced its upcoming quarterly financial conference call and webcast, scheduled for Wednesday, January 29, 2025. The event will commence at 2:00 p.m. Pacific Standard Time (5:00 p.m. Eastern Standard Time).
Investors and interested parties can access the webcast through the Investors section of Lam's website at lamresearch.com, specifically under the Investors/InvestorsOverview/Events & Presentations section. A replay of the webcast will be made available on the company's website approximately three hours after the conference call concludes.
Lam Research (LRCX) has introduced Dextro™, the semiconductor industry's first collaborative robot (cobot) designed for wafer fabrication equipment maintenance optimization. Currently deployed in multiple advanced wafer fabs globally, Dextro works alongside engineers to perform critical maintenance tasks with sub-micron precision.
The cobot enhances maintenance efficiency by: performing component installation with twice the manual accuracy, executing precise bolt tightening with reduced error rates, and conducting automated chamber cleaning. These capabilities help minimize tool downtime, reduce production variability, and improve yield. Initially supporting Lam's Flex® G and H series dielectric etch tools, Dextro's support will expand to additional tools in 2025.
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