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Can Lam Research Sustain $5B-Plus Revenue Streak on Foundry Strength?
ZACKS· 2025-10-29 21:56
Key Takeaways Lam Research's fiscal Q1 revenues hit $5.32B, up 28% year over year.Foundry business made up 60% of Systems segment sales, up from 52% in the prior quarter.Strong demand for EUV and etch tools positions Lam Research for sustained growth.Lam Research Corporation (LRCX) recently reported record first-quarter fiscal 2026 revenues of $5.32 billion, marking the third straight quarter of $5 billion-plus sales. The first-quarter top line surged 28% year over year. This robust performance was mainly d ...