ASML's Record Order Intake as a Signal: Why Lam Research Could Benefit Disproportionately

ASML as an early indicator: The record order intake of €13.2 billion is likely to trigger a wave of orders at Lam. Memory & HBM: Lam disproportionately benefits from 3D-NAND, HBM, and billions in budgets from Micron and TSMC. The news from the Netherlands acts as a wake-up call: ASML reports a record order intake of €13.2 billion – almost twice as much as expected. This sets the stage for a new investment cycle from which Lam Research stands to benefit in several waves. In crucial process steps, Lam can leverage this upswing even...