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 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.
Lam Research Corp. (NASDAQ: LRCX) will host its quarterly financial conference call on October 20, 2021, at 2:00 PM PT (5:00 PM ET). The call will be accessible via a webcast at Lam's website, where a replay will also be available three hours after the call concludes. Lam Research is a leading provider of wafer fabrication equipment and services to the semiconductor industry, with nearly every advanced chip utilizing their technology. The company is committed to engineering excellence and customer satisfaction.
Lam Research Corp. (Nasdaq: LRCX) announced a new 45,000 sq. ft. manufacturing facility in Sherwood, Oregon, set to open in December 2021. This marks Lam's fifth U.S. manufacturing site, enhancing its ability to meet growing semiconductor demand. The facility is expected to create approximately 300 jobs, with training programs for new hires. Lam aims to bolster the local economy and provide significant career opportunities. CEO Tim Archer emphasized innovation and collaboration in workforce development.
Lam Research Corp. (Nasdaq: LRCX) will participate in the Deutsche Bank Technology Conference on September 9, 2021, at 8:50 a.m. PT. Doug Bettinger, CFO, is set to present, with a live webcast available on Lam's website. The replay will be accessible for two weeks post-event. Lam Research is a leading provider of wafer fabrication equipment for the semiconductor industry, essential for manufacturing advanced chips. The company is headquartered in Fremont, California, and is recognized as a FORTUNE 500 company.
Lam Research Corporation (Nasdaq: LRCX) has announced a 15% increase in its quarterly dividend from $1.30 to $1.50 per share. This decision reflects the company’s commitment to disciplined annual dividend growth. The new dividend will be paid on October 13, 2021, to shareholders on record as of September 28, 2021. Lam Research is a leading provider of wafer fabrication equipment and services for the semiconductor industry, playing a crucial role in the production of advanced chips worldwide.
Lam Research reported strong financial results for the June 2021 quarter, achieving $4.15 billion in revenue, an 8% increase from the previous quarter. The company recorded a U.S. GAAP gross margin of 46.2% and diluted EPS of $7.98, reflecting an 8% growth in earnings. Non-GAAP results showed a gross margin of 46.5% and diluted EPS of $8.09. For the upcoming September quarter, Lam anticipates revenues of $4.3 billion with a gross margin of 46.0%. The company continues to leverage strong semiconductor demand and advanced technology to maintain market leadership.
Lam Research Corp. (NASDAQ: LRCX) will host its quarterly financial conference call on July 28, 2021, at 2:00 p.m. PT. The event will be accessible via a webcast on the company's website, allowing investors to listen to the call and view the accompanying presentation materials. A replay will also be available three hours post-event. Lam Research is a leading supplier of wafer fabrication equipment and services to the semiconductor industry, integral in producing advanced chips with their technology.
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