Lam Research LRCX · USD
Information Technology · Semiconductors & Semiconductor Equipment · US listing · 🇺🇸 United States
S&P 500Nasdaq-100
221.31
+10.41%
Close of 9 Nov 2026, in USD
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About Lam Research
From its filings with the US Securities and Exchange Commission
Lam Research is based in Fremont, California and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker LRCX. It is a member of the S&P 500 and Nasdaq-100. The SEC classifies its business as special industry machinery, nec. In the fiscal year to 28 June 2026, it reported revenue of $23.23bn and net income of $7.27bn. At that date it held total assets of $23.53bn and shareholders' equity of $12.47bn.
Incorporated in 1980, Lam Research Corporation (“Lam Research,” “Lam,” “we,” “our,” “us,” or the “Company”) is a Delaware corporation, headquartered in Fremont, California. We maintain a network of facilities throughout Asia, Europe, and the United States in order to meet the needs of our dynamic customer base.
We are a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. We have built a strong global presence with core competencies in areas such as nanoscale manufacturing enablement, chemistry, plasma and fluidics, advanced systems engineering, and a broad range of operational disciplines. Our products and services are designed to help our customers build smaller and better performing devices that are used in a variety of electronic products, including mobile phones, personal computers, cloud and enterprise servers, wearables, automotive vehicles, and data storage devices.
Our customer base includes leading semiconductor memory, foundry, and integrated device manufacturers (“IDMs”) that make products such as non-volatile memory (“NVM”), dynamic random-access memory (“DRAM”), and logic devices. Their continued success is part of our commitment to driving semiconductor breakthroughs that define the next generation. Our core technical competency is integrating hardware, process, materials, software, and process control enabling results on the wafer.
Quoted from its 10-K, filed 7 Aug 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Semiconductors & Semiconductor Equipment
- Listed since
- 11 May 1984
- Employees
- 23,300
- Website
- lamresearch.com ↗
- Head office
- 4650 CUSHING BLVD, FREMONT, CA, 94538
- Incorporated in
- DE
- Classification
- Special Industry Machinery, NEC
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Abhijit TalwalkarIndependent Chairman of the Board, since 2011$510,594
- Mr. Timothy ArcherPresident, Chief Executive Officer, Director, since 2012$28.3m
- Mr. Douglas BettingerChief Financial Officer, Executive Vice President$8.6m
- Dr. Patrick LordChief Operating Officer, Executive Vice President$7.1m
- Dr. Vahid VahediSenior Vice President, Chief Technology and Sustainability Officer$5.3m
- Ms. Ava HarterSenior Vice President, Chief Legal Officer, Secretary$10.6m
- Mr. Neil FernandesSenior Vice President - Global Customer Operations
- Mr. Seshasayee VaradarajanSenior Vice President - Global Products Group$7.2m
- Mr. Sohail AhmedIndependent Director$338,094
- Mr. Eric BrandtIndependent Director$373,094
- Ms. Ita BrennanIndependent Director$429,477
- Mr. Michael CannonIndependent Director$358,094
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 90
- Environment
- 89
- Social
- 99
- Governance
- 81
- Direct emissions (scope 1)
- 190,124 t
- Energy emissions (scope 2)
- 132,144 t
- Value chain emissions (scope 3)
- 7,163,144 t
- Women in the workforce
- 20%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Lam Research Corp. serves semiconductor memory customers with DRAM and NAND memory products.
- The company's wafer processing equipment supports IC fabrication for cell phones and computers.
- Lam Research employs 23,300 full-time employees in the Information Technology sector.
Weaknesses
- The company's headquarters in Fremont, California may limit regional market access.
- Lam Research's focus on semiconductor manufacturing equipment lacks diversification.
- The firm's reliance on wafer processing equipment may increase vulnerability to industry downturns.
Opportunities
- Growing demand for semiconductors in cell phones and tablets presents expansion potential.
- Lam Research can leverage its thin film deposition technology for new market segments.
- The increasing need for IC fabrication supports growth in the semiconductor industry.
Threats
- Competition from other semiconductor equipment manufacturers poses a risk.
- Economic downturns could reduce semiconductor manufacturing investments.
- Global supply chain disruptions may impact Lam Research's operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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