Lam Research (NASDAQ: LRCX) — Company Overview, News & Financial Data
Lam Research designs semiconductor processing equipment essential for integrated circuits and enhances manufacturing efficiency.
Lam Research
Lam Research is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. The company designs, manufactures, markets, and services semiconductor processing systems used in the fabrication of integrated circuits. Its products enable chipmakers to build smaller, faster, and more power-efficient devices for applications ranging from consumer electronics to enterprise computing. Key semiconductor manufacturing capabilities include thin film deposition, plasma etch, and photoresist strip and wafer cleaning processes. Lam Research operates globally with research, manufacturing, and customer support facilities across the United States, Asia, and Europe, supporting semiconductor manufacturers worldwide.
Snapshot
Operations
Products and/or services of Lam Research
- Deposition Systems: Advanced semiconductor manufacturing equipment utilizing chemical vapor deposition, atomic layer deposition, and physical vapor deposition processes to apply precise dielectric and metallic thin films onto silicon wafers during integrated circuit fabrication.
- Plasma Etch Equipment: High-precision plasma etching systems engineered to selectively remove materials at atomic-scale dimensions, enabling the fabrication of high-aspect-ratio structures required for advanced 3D NAND memory and logic microchips.
- Wafer Cleaning and Strip: Specialized processing tools designed to remove photoresist, post-etch residue, and surface contaminants from silicon wafers between manufacturing steps, ensuring high yield and pristine surfaces for advanced chip production.
- Mass Metrology Solutions: Inline measurement and analytical systems deployed within semiconductor manufacturing facilities to monitor wafer feature dimensions, film thicknesses, and structural characteristics, maintaining high yield control across high-volume chip production runs.
- Customer Support Services: Comprehensive aftermarket lifecycle support delivering spare parts, field service engineering, maintenance agreements, and technical training to maintain maximum operational uptime for installed wafer processing systems worldwide.
- Equipment Upgrades and Refurbishment: Hardware and software upgrade packages alongside refurbished legacy tool platforms designed to extend system operational lifetimes, increase wafer throughput, and adapt mature fab equipment to new processing requirements.
Lam Research executive team
- Timothy M. ArcherPresident, CEO & Director
- Douglas R. BettingerExecutive VP & CFO
- Seshasayee VaradarajanExecutive VP & COO
- Vahid VahediSenior VP, Chief Technology & Sustainability Officer
- Neil J. FernandesSenior VP of Global Customer Operations
- Christina C. CorreiaChief Accounting Officer & Group VP
- Ram GaneshVice President of Investor Relations
- Ava A. HarterSenior VP, Chief Legal Officer & Secretary
- Steve FineGroup VP & Chief Communication Officer
- Mary Teresa HassettSenior VP & Chief Human Resources Officer
Dividend history
Dividends per share paid by Lam Research , by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2027(to date) | — | — | — | $0.3300 |
| FY2026 | — | — | — | $1.0400 |
| FY2025 | — | — | — | $0.9200 |
| FY2024 | — | — | — | $0.8000 |
| FY2023 | — | — | — | $0.6900 |
Key financials
Reported results for Lam Research , in USD.
- Market cap
- 288.7B
- Revenue (TTM)
- 26.1B
- P/E ratio
- 34.4
- EPS (diluted, TTM)
- 6.7
- Dividend yield
- 0.5%
- Profit margin
- 32.3%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 23.2B | 8.2B | 7.3B | |
| 18.4B | 5.9B | 5.4B | |
| 14.9B | 4.3B | 3.8B | |
| 17.4B | 5.2B | 4.5B |