NasdaqGS:LRCXSemiconductor
Lam Research (LRCX) Stock Gets A Fresh AI Boost From Record Revenue And Outlook Raise
Lam Research reported record revenue growth, pointing to stronger demand for its equipment and services.
The company raised its outlook for advanced packaging and wafer fab equipment, tied to AI-related demand and high-bandwidth memory.
Management highlighted increased interest from institutional investors alongside broad industry momentum.
Lam Research, traded as NasdaqGS:LRCX, has reported numbers that indicate a shift in its current business mix, with record revenue and a higher outlook...