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Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; and VECTOR plasma-enhanced CVD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. The company sells its products in the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
China Conundrum | Delve into Lam's reliance on the Chinese market, balancing improved domestic spending with risks of potential U.S. regulatory restrictions |
Market Dominance | Explore Lam's 30+% market share in NAND and its focus on "4 Horsemen" technologies, positioning the company for potential market-beating growth |
Financial Forecast | Analysts project Lam's EPS to reach $32.65 in CY24, surpassing consensus. CY25 estimates vary widely, reflecting industry uncertainty |
Semiconductor Giant | Lam Research, a key player in wafer fabrication equipment, navigates technological advancements and geopolitical tensions in the volatile semiconductor industry |
Metrics to compare | LRCX | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipLRCXPeersSector | |
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P/E Ratio | 24.6x | 42.9x | 11.3x | |
PEG Ratio | 5.13 | 0.19 | 0.01 | |
Price / Book | 11.8x | 2.1x | 2.4x | |
Price / LTM Sales | 6.4x | 2.7x | 2.2x | |
Upside (Analyst Target) | 24.0% | 116.6% | 19.0% | |
Fair Value Upside | Unlock | −17.5% | 3.9% | Unlock |