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Earnings Whisper ®
1st Quarter September 2020
4:05 PM ET
Wednesday, July 29, 2020
Lam Research Corporation Reports Financial Results for the Quarter Ended June 28, 2020
What do you expect when LRCX reports earnings?
Where is LRCX's stock price going from here?
Lam Research Corporation enables its customers to shape the future of technology by providing market-leading equipment and services for semiconductor wafer processing. To produce the tiny, complex chips used in products such as cell phones, computing devices, and entertainment gadgets, semiconductor manufacturers require highly sophisticated processes and equipment. Lam's products play a key role in this, allowing chipmakers to build device features that are more than 1,000 times smaller than a grain of sand. Lam's market-leading products are used in several steps that are repeated multiple times throughout the chip-making process, including thin film deposition, plasma etch, photoresist strip, and wafer cleaning. Their success as a company is based on a solid foundation of technical achievement, close collaboration with our customers, and delivering on commitments.