Chip equipment maker Lam Research plans to invest $3B+ over five years to expand its global R&D network, as it seeks to increase its experiment capacity by 50%+
Lam Research (LRCX.O) said on Thursday it intends to invest more than $3 billion in the next five years to expand its global research …
US House lawmakers criticize ASML, Tokyo Electron, KLA, and other equipment makers for selling to the Chinese military and helping build China's chip industry
including firms on U.S. restricted lists tied to the Chinese military and surveillance state. https://selectcommitteeontheccp.house.g ov/ ... Jonathan Cheng / @jchengwsj : .@committeeonccp: “Companies...
Lam Research reports Q1 revenue down 31% YoY to $3.48B, vs. $3.42B est., the third straight quarter of decline, as the chipmaking tools market remains “soft”
Nick Turner / Bloomberg :
Lam Research, one of the three biggest US chip manufacturing equipment makers, plans to cut ~7% of its workforce, or ~1,300 jobs worldwide, to reduce expenses
Ian King / Bloomberg :
Sources: the US government plans more curbs on US shipments to China of chipmaking tools and chips for AI, affecting Lam Research, Applied Materials, and others
The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence …
Semiconductor equipment maker Lam Research to buy KLA-Tencor for about $10.6B to rival Applied Materials
Associated Press :