LRCX - Lam Research Corp.8:00:00 PM 6/14/2024
-2.52 (-0.24%)
Lam Research Corporation is an American corporation that engages in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices and their wiring . The company also builds equipment for back-end wafer-level packaging , and for related manufacturing markets such as for microelectromechanical systems . Lam Research was founded in 1980 by Dr. David K. Lam and is headquartered in Fremont, California, in the Silicon Valley. As of 2018, it was the second largest manufacturer in the Bay Area, after Tesla.
Quarterly financials
(USD)Mar 2024Q/Q
Gross Profit1.8B+2%
Cost Of Revenue2B-0%
Operating Income1.1B-0%
Operating Expenses743.4MM+6%
Net Income965.8MM+1%
Interest Expense47.2MM+2%
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