Lam Projects Sustained High Margins as Customers Pull Forward Deliveries
Lam said chip-equipment demand is exceptionally strong, with customers requesting tools sooner than it can deliver. The company reported 52% gross margin, its highest in 20 years, and expects it to hold near term as new products, closer manufacturing and pricing actions improve profitability. Management is pushing demand signals through the supply chain, using AI for field engineering, and plans $3 billion in U.S. lab and engineering investment, including a new Oregon facility.
Coverage (5)
- Lam Research Lifts 2026 WFE Outlook as AI Demand Strains Fab Capacity (finance.yahoo.com)
- Lam Research Lifts 2026 WFE Outlook as AI Demand Strains Fab Capacity (marketbeat.com)
- Lam Research Sees Sold-Out Chip Demand, Targets Capacity and AI Service Gains (marketbeat.com)
- Lam Research Sees Sold-Out Chip Demand, Targets Capacity and AI Service Gains (marketbeat.com)
- Lam Research at Goldman Sachs conference: demand stays red hot By Investing.com (investing.com)