Quote Overview

Stock Activity

Open	907.34
Day Low	885.74
Day High	915.86
52 Wk Low	493.42
52 Wk High	1,007.39
Avg. Volume	909,865
Market Cap	116.34 B
Dividend	8.00 ( 0.90%)
Beta	1.51

Key Earnings Data

Earnings ESP	-0.15%
Most Accurate Est	7.25
Current Qtr Est	7.26
Current Yr Est	28.96
Exp Earnings Date	^*AMC4/24/24
Prior Year EPS	34.17
Exp EPS Growth (3-5yr) 9.56%
Forward PE	30.65
PEG Ratio	3.21

Computer and Technology » Semiconductor Equipment - Wafer Fabrication

*BMO = Before Market Open *AMC = After Market Close

Research Reports for LRCX

All Zacks’ Analyst Reports

Premium Research for LRCX

Style Scores D Value D Growth A Momentum D VGM
Zacks Rank	Buy 2
Zacks Industry Rank	Top 19%(49 out of 252)
Zacks Sector Rank	Top 38% (6 out of 16)
Earnings ESP	-0.15%
Research Reports for LRCX Analyst \| Snapshot

( = Change in last 30 days)

View All Zacks Rank #1 Strong Buys

Premium Research: Industry Analysis

Top Peers	Symbol	Zacks Rank
Lam Research	LRCX
Applied Materials	AMAT
ASML Holding	ASML
Advanced Energy Industries	AEIS

See all Semiconductor Equipment - Wafer Fabrication Peers

Zacks News for LRCX

No Record found.

Company Summary

Established in 1980 and headquartered in Fremont, CA, Lam Research Corporation supplies wafer fabrication equipment and services to the semiconductor industry.

Its products are used by semiconductor manufacturers in front-end and WLP processes, creating memory, microprocessors, and other logic integrated circuits for a broad range of electronic devices.

The MOS process of making integrated circuits involve the deposition of many layers of materials on a semiconductor wafer. Each layer is prepared using a pattern on a photomask, cleaning off the excess material and then exposing to light sources to change the chemical composition of the layer. The final wafer is then planarized, cut into individual die, electrical leads attached and packaged.

Lam's product offerings in deposition and etch address numerous critical steps in the fabrication process with the goal of reducing defect rates, improving yields, lowering costs and reducing the processing time.

Notably, Lam serves three market segments — Memory, Foundry and Logic/Other from where it generated 43.1%, 37.6% and 19.3% of its total revenues in fiscal 2023, respectively.

The revenue distribution by geography in fiscal 2023 was as follows — Korea contributed 20.4%, Taiwan 20%, Japan 10.1%, China 25.6%, U.S accounted for 9.6%, Europe 6.6% and South East Asia contributed 7.8%.

Being a leading producer of specialized equipment, most of the competition comes from other large equipment makers, such as KLA and Applied Materials, Inc.