Lam Research Benefits From NAND Upgrades – JPMorgan Sees a 40% Potential After an Impressive Q3!
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The semiconductor equipment company Lam Research (LRCX) is currently affected by the unsettling trade dispute; however, according to CEO Tim Archer, growth in the semiconductor industry is expected to be exceeded in the coming years. This year, investments in wafer fabrication equipment (WFE) are projected to be around $100 billion. The company aims to surpass the overall WFE growth through new products and market share gains in advanced technology areas such as Gate-All-Around, Backside Power, and Advanced Packaging, and is currently benefiting...
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