Lam Research Corporation is an American supplier of wafer fabrication equipment and related services to the semiconductor industry. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices and their wiring.
"This has been a brutal memory cycle, low spending in memory could get lower, record foundry will probably slow, and the surge in trailing edge China foundry creates some risks," Morgan Stanley analyst Joseph Moore wrote in an investor note.
"This has been a brutal memory cycle, low spending in memory could get lower, record foundry will probably slow, and the surge in trailing edge China foundry creates some risks," Morgan Stanley analyst Joseph Moore wrote in an investor note.
