Reported 2 days ago
During its first analyst day in five years, Lam Research's CEO Tim Archer stated that the growing demand for complex AI chips will drive sales of their manufacturing tools, especially among major clients like TSMC. The company forecasts revenues of $25 billion to $28 billion by 2028 and introduced two innovative chip-making tools aimed at improving wafer production processes, which are critical for the development of advanced AI and memory chips.
Source: YAHOO