Financial PerformanceLam Research executed well in the quarter as revenue, operating margin, and EPS all exceeded Street expectations.
Growth ForecastExpect WFE to Grow at a 8% CAGR to $220b Industry by 2032, as CapEx intensity increases to 22% from 17%.
Market PositionLRCX is well positioned to benefit from the SemiCap secular drivers, namely Bigger chips, Complex manufacturing, Trailing Node Buildouts and Semiconductor nationalization.