How a Chip Giant is Building the Future of Technology: a Look at Lam Research

Lam Research (NASDAQ: LRCX) is a leading provider of semiconductor manufacturing equipment. The company designs, manufactures, and services equipment for the production of integrated circuits found in virtually all electronic devices. Thus, it supplies advanced machines for chip construction, particularly for newer technologies enabling AI and high-performance computing. The business model of Lam Research (NASDAQ: LRCX) is based on providing critical equipment for semiconductor wafer fabrication (Wafer-Fab). Wafers are the round...