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Lam Research (NASDAQ: LRCX), a prominent supplier of equipment for chip fabrication, is poised to gain from the increasing capital expenditures driven by the burgeoning generative artificial intelligence industry. While AI leader Nvidia (NASDAQ: NVDA) grabs attention with its stock price soaring more than 3 times over the last two years and its valuation approaching $4 trillion, less known companies like Lam play an essential role in the manufacturing of the AI chips that Nvidia markets.
Lam Research (LRCX) concluded the recent trading session at $98.83, signifying a +2.09% move from its prior day's close.
Semiconductors Industry | Technology Sector | Timothy M. Archer CEO | XMUN Exchange | US5128071082 ISIN |
US Country | 18,600 Employees | 18 Jun 2025 Last Dividend | 3 Oct 2024 Last Split | 11 May 1984 IPO Date |
Lam Research Corporation, established in 1980 and based in Fremont, California, operates as a key player in the semiconductor industry, focusing on the design, manufacture, marketing, refurbishment, and servicing of semiconductor processing equipment essential for the fabrication of integrated circuits. With a global footprint, the company caters to the semiconductor industry's needs across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. The extensive range of products offered by Lam Research meets various critical processes involved in semiconductor manufacturing, emphasizing innovation and precision in creating technologies that shape the future of electronics.
Lam Research provides a comprehensive portfolio of products and services designed to address the intricate and evolving needs of semiconductor fabrication. Each product line is tailored for specific semiconductor processing applications, ensuring high-quality and efficiency in chip production.