Lam Research

Lam Research shares slide 7.1% in premarket trading to $277, triggered by a broad sell-off in the semiconductor equipment sector without a company-specific catalyst. Weighing on the stock are high revenue concentration in China (about one third), potential tightening of U.S. export controls, and advances by state-supported Chinese manufacturers on their own equipment. A report on insider activity added uncertainty; general weakness on the Nasdaq and pressure on peers like Applied Materials and Micron amplified the move. » Więcej na de.investing.com

Lam Research reports industry demand is "fundamentally sold out" and expects 8–10 new clean rooms at tier-one customers by end of next year, prompting expanded hiring, installation teams and supplier planning. The company is deploying AI trained on 30+ years of troubleshooting data to boost field-engineer productivity and to enable advanced service offerings, with about two-thirds of engineers already using the tools. Lam sees DRAM, leading-edge foundry/logic and NAND spending supporting growth, recorded strong customer-support revenue, and targets lifting gross margins from ~51–52% toward the mid-50% range over several years. » Więcej na finance.yahoo.com

Lam Research expects the global market for wafer-fabrication equipment (WFE) to be in the low end of $150 billion in 2026, attributing the upward revision to stronger AI investments. The company reported a gross margin of 52% in the last quarter and targets long-term margins in the mid-50s percentage points, supported by new products, closer-to-customer manufacturing and supply-chain optimizations. Lam sees cleanroom capacity as the key bottleneck, is accelerating expansion in Malaysia and reported record revenues in its services business; 2027 could be tight, while 2028 could be constructive if fab construction and AI spending continue. » Więcej na de.investing.com