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 Corp. (LRCX) has announced a quarterly financial conference call scheduled for October 19, 2022, at 2:00 p.m. PT (5:00 p.m. ET). The event will be accessible via a webcast on Lam's official website, with a replay available approximately three hours after the call concludes. Lam Research is a global leader in supplying wafer fabrication equipment and services for the semiconductor industry, playing a crucial role in the production of advanced chips worldwide.
Lam Research Corp. (Nasdaq: LRCX) announced the retirement of board member Catherine P. Lego, effective November 7, 2022. Lego has served for over 16 years, contributing as a chair and member on various committees, including audit and compensation. CEO Tim Archer and Chairman Abhijit Y. Talwalkar expressed gratitude for her strategic leadership during a transformative period for the company. Lego's extensive experience in the semiconductor industry includes roles on several other boards and founding a consulting firm for early-stage electronics companies.
Lam Research Corp. (NASDAQ: LRCX) has inaugurated its new India Center for Engineering in Bengaluru, enhancing its R&D capabilities in semiconductor manufacturing. The facility will focus on developing next-generation DRAM, NAND, and logic technologies, contributing to a global network of labs. CEO Tim Archer emphasized the importance of local engineering talent, while the lab will utilize advanced design and testing equipment to streamline development. Additionally, scholarships were announced to support female engineering students, reflecting the company's commitment to STEM education.
Lam Research Corporation (Nasdaq: LRCX) announced a 15% increase in its quarterly dividend, raising it from $1.50 to $1.725 per share of common stock. This decision reflects the company’s commitment to disciplined annual dividend growth. The dividend will be paid on October 5, 2022, to stockholders on record as of September 14, 2022. Future dividends are subject to Board approval. Lam Research is a leading provider of wafer fabrication equipment for the semiconductor industry, playing a crucial role in advanced chip production.
Lam Research Corp. (NASDAQ: LRCX) announced that Doug Bettinger, Executive Vice President and CFO, will speak at the Evercore ISI 2nd Annual Technology Conference on September 7, 2022, at 7:15 a.m. PT (10:15 a.m. ET). A live audio webcast of the presentation will be available on Lam's website, with a replay accessible for two weeks post-event. Lam Research is a leading provider of wafer fabrication equipment and services for the semiconductor industry, known for enabling the production of advanced chips globally.
Lam Research reported strong financial results for the quarter ending June 26, 2022, with revenue reaching $4.64 billion, a 14% increase from the previous quarter. U.S. GAAP diluted EPS climbed to $8.74, marking a 20% rise. The company achieved a gross margin of 45.3% and operating income of 31.9% of revenue. Looking ahead, Lam expects revenue between $4.9 billion +/- $300 million for the next quarter, maintaining a robust operational outlook despite a supply-constrained environment.
Lam Research, Entegris, and Gelest announced a strategic collaboration to enhance the semiconductor supply chain by providing reliable access to precursor chemicals for EUV lithography. This partnership will advance dry resist technology crucial for next-generation semiconductors used in AI and mobile devices. The collaboration ensures a dual-source supply and supports R&D for cost-effective EUV solutions. Key benefits include improved productivity, sustainability, and significant energy savings. This initiative could lead to innovations in semiconductor manufacturing over the coming decades.
Lam Research (NASDAQ: LRCX) will hold its quarterly financial conference call on July 27, 2022, at 2:00 PM PT. Investors can access the webcast via the company's website. A replay will be available three hours post-call. Lam Research is a leading supplier of wafer fabrication equipment and services for the semiconductor industry, enabling the production of advanced chips globally.
Lam Research Corporation (NASDAQ: LRCX) has released its 2021 Environment, Social and Governance (ESG) Report, detailing progress towards net zero emissions goals by 2050 and plans to operate on 100% renewable energy by 2030. Notable achievements include a 54% renewable energy usage in 2021, a 9% reduction in greenhouse gas emissions since 2019, and 99% diversion of hazardous waste from landfills. The company also introduced a new social impact framework and supported over 1,550 charitable organizations.
Lam Research (Nasdaq: LRCX) announced that SK hynix has chosen its innovative dry resist fabrication technology for advanced DRAM chip production. This breakthrough, which enhances Extreme Ultraviolet (EUV) lithography, improves resolution, productivity, and yield in semiconductor manufacturing. The technology, developed in collaboration with partners, addresses challenges in scaling memory nodes and is expected to lower costs while increasing efficiency and sustainability. Lam's ongoing partnership with SK hynix aims to accelerate DRAM technology innovations for today's connected devices.
