Overview
Lam Research supplies wafer fabrication equipment, mainly etch and deposition systems, and services to semiconductor manufacturers. The company was incorporated in 1980 and is a Delaware corporation headquartered in Fremont, California, with facilities across Asia, Europe and the United States[24]. Revenue for fiscal 2026, which ended on 28 June 2026, was US$23,233 million, up 26%[24]. Gross margin rose to 50.5% of revenue, which the 10-K attributes to favourable customer mix[24]. Lam is listed on Nasdaq. It had approximately 23,300 regular full-time employees on 4 August 2026, over 26% of them in research and development[24].
Lam Research strengths and limitations
Strengths
- Sales growth of 26.5%
- Profit margin of 31%
- Higher market value than Applied Materials
Limitations
- Exposure to China sales
- Cyclical demand
- Narrower product range than Applied
Appears in
Lam Research alternatives and competitors
Alternatives to Lam Research: companies ranked in the same lists.
- NVIDIA
- AMD
Marvell Technology
Analog Devices- Sandisk
- Texas Instruments
Applied Materials
KLA
Micron Technology- Intel
Broadcom- Qualcomm
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