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 (LRCX) is a global leader in semiconductor manufacturing equipment, specializing in precision deposition and etch technologies essential for advanced chip production. This dedicated news hub provides investors and industry professionals with timely updates on LRCX's strategic developments, financial performance, and technological innovations.
Access official press releases, earnings reports, and analysis of key initiatives shaping the wafer fabrication landscape. Our curated collection covers critical updates including equipment launches, strategic partnerships, and process technology advancements that drive the semiconductor industry forward.
Stay informed about LRCX's role in enabling next-generation memory and logic devices through its cutting-edge solutions. The resource is regularly updated to serve as your primary reference for understanding Lam Research's market position and operational milestones.
Bookmark this page for streamlined access to verified LRCX developments impacting semiconductor manufacturing efficiency, device scaling challenges, and industry leadership in deposition/etch systems.
Lam Research reported a December 2021 quarter revenue of $4.23 billion, a 2% decline from the previous quarter. The U.S. GAAP gross margin remained stable at 46.8%, while the operating income decreased slightly to 31.7%. Diluted EPS increased by 2% to $8.44. The cash flow position improved, with total balances rising to $5.6 billion. The outlook for March 2022 includes revenue guidance of $4.25 billion with a gross margin expectation of 45%.
Lam Research Corp. (NASDAQ: LRCX) announced its quarterly financial conference call scheduled for January 26, 2022, at 2:00 p.m. PT. Investors can access the webcast via the company’s website in the Investors section. A replay will be available three hours after the call. Lam Research is a leading provider of wafer fabrication equipment and services in the semiconductor industry, known for its commitment to technology and customer service. The company is part of the FORTUNE 500 and operates globally, underscoring its significant role in advanced chip production.
Lam Research Corp. announces the launch of Syndion® GP, a new semiconductor manufacturing solution aimed at enhancing deep silicon etch capabilities for chipmakers. This technology is crucial for producing advanced power devices and power management ICs used in automotive and energy sectors. Syndion GP supports both 200 mm and 300 mm wafer sizes, facilitating a seamless transition to increased production capacity. The introduction of this product aligns with the growing demand for specialty devices, offering improved precision and productivity for high-volume manufacturing processes.
Lam Research Corp. (Nasdaq: LRCX) announced that Doug Bettinger, Executive Vice President and Chief Financial Officer, will speak at two upcoming investor events in December 2021.
- UBS Global TMT Conference on December 6, 2021, at 11:00 a.m. PT (2:00 p.m. ET).
- Barclays Global Technology, Media and Telecommunications Conference on December 7, 2021, at 9:05 a.m. PT (12:05 p.m. ET).
Live webcasts will be accessible on Lam's website, with replays available for two weeks afterward.
Lam Research Corp. (Nasdaq: LRCX) announced its participation in the Credit Suisse 25th Annual Technology Conference on November 30, 2021, at 9:40 a.m. PT. Tim Archer, the President and CEO, will present at this event. A live webcast will be available on Lam's website, with a replay accessible for two weeks post-event. Lam Research is a leading supplier of wafer fabrication equipment to the semiconductor industry, known for enabling the production of advanced chips globally.
Lam Research Corporation (NASDAQ: LRCX) has appointed Jyoti Mehra to its board of directors, effective November 9, 2021. Mehra, an expert in human capital, previously served as executive vice president of human resources at Gilead Sciences and has a strong background in cultivating diverse workforces. Her strategic experience is expected to support Lam Research as it scales operations amid rising semiconductor demand. Chairman Abhijit Talwalkar welcomed her leadership, emphasizing the importance of a robust talent pipeline in the evolving semiconductor landscape.
Lam Research Corporation (Nasdaq: LRCX) declared a quarterly dividend of $1.50 per share, payable on January 5, 2022 to shareholders on record as of December 15, 2021. The dividend reflects Lam's commitment to returning value to its investors, although future payments are subject to Board approval. Lam Research is a leading supplier in the semiconductor industry, providing innovative wafer fabrication equipment and services. The company emphasizes a strong culture of customer commitment and advanced technology utilization.
Lam Research reported Q4 2021 results with revenue reaching $4.30 billion, a 4% increase from the previous quarter. U.S. GAAP gross margin stood at 45.9%, while diluted EPS rose by 4% to $8.27. Non-GAAP metrics showed a 46.0% gross margin and a diluted EPS of $8.36, up 3%. The company's performance reflects strong demand in the semiconductor sector, evidenced by record earnings for the sixth consecutive quarter. However, cash reserves decreased to $4.9 billion, impacted by share repurchases and dividends.
