财务数据和关键指标变化 - 2024年6月季度收入为38.7亿美元,超过中值指引 [22] - 2024财年毛利率为48.2%,为2013年Lam与Novellus合并以来最高 [21] - 2024财年自由现金流约43亿美元,占收入29% [21] 各条业务线数据和关键指标变化 - 存储业务占系统收入36%,较上季度44%有所下降,主要是DRAM下降 [23] - DRAM占系统收入19%,较上季度23%有所下降,主要是投资于成熟节点有所减少 [23] - 非易失性存储占系统收入17%,较上季度21%有所下降 [23] - 代工业务占系统收入43%,与上季度44%基本持平 [24] - 逻辑及其他业务占系统收入21%,较上季度12%有所上升,主要是中国成熟节点投资增加 [24] 各个市场数据和关键指标变化 - 中国市场占总收入39%,较上季度42%略有下降,但高于此前预期 [25] - 韩国市场占总收入18%,较上季度24%有所下降 [25] - 台湾市场占总收入15%,较上季度9%有所上升 [25] 公司战略和发展方向及行业竞争 - 2024年是公司战略投资年,重点投入产品开发、全球研发基础设施和数字化转型,为行业进入多年WFE增长周期做好准备 [8] - 公司在先进封装、背部供电和原子级器件缩放等领域持续投入,看好这些领域未来的增长机会 [12][20] - 公司推出新一代冷冻蚀刻技术,可以实现更高的蚀刻速率和更精准的轮廓控制,支持NAND密度提升 [16][17][18] - 公司在沉积技术方面也有新进展,开发出纯碳填充材料,简化了NAND制造流程 [19] 管理层对经营环境和未来前景的评论 - 预计2024年WFE支出将达到约950亿美元,其中存储、逻辑和代工投资均有增长 [9] - 2025年WFE有望继续增长,AI应用带来的需求增长将推动低功耗DRAM和NAND的需求 [10][11] - 存储客户将更多关注技术升级,以降低每比特成本,这将有利于公司的安装基础带来的升级需求 [11] 其他重要信息 - 公司马来西亚工厂已交付5000台腔体,是公司历史上最快的新制造基地产能爬坡 [7] - 公司推出新一代直接耦合导体蚀刻设备,可以更精准地控制DRAM和EUV图案转移 [13][14][15] 问答环节重要的提问和回答 问题1 **Timothy Arcuri 提问** 询问服务系统业务在指引中的情况 [38] **Douglas Bettinger 回答** 不会具体分解各个业务部分,但预计2024年服务业务将有小幅增长 [39] 问题2 **Krish Sankar 提问** 询问中国市场在下半年及2025年的情况 [45] **Douglas Bettinger 回答** 2024年中国市场将是一个相对较好的年份,但具体数字还未确定 [46][47][48] 问题3 **Srinivas Pajjuri 提问** 询问DRAM业务的情况,以及公司在DRAM领域的机会 [53][54] **Timothy Archer 回答** 公司在先进导体蚀刻和TSV等DRAM关键工艺上有很强的技术优势,将受益于DRAM行业的升级换代 [54][55]

FREMONT, Calif., July 31, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today extended its leadership in 3D NAND flash memory etching with the introduction of Lam Cryo™ 3.0, the third generation of the company's production-proven cryogenic dielectric etch technology. As the proliferation of generative artificial intelligence (AI) continues to propel the demand for memory with higher capacity and performance, Lam Cryo 3.0 provides etch capabilities critical for the manufacturing of future leading-ed ...

财务业绩 - 公司第二季度收入为38.72亿美元[1] - 公司第二季度GAAP毛利率为47.5%，GAAP营业利润率为29.1%，GAAP每股摊薄收益为7.78美元[2,3] - 公司第二季度非GAAP毛利率为48.5%，非GAAP营业利润率为30.7%，非GAAP每股摊薄收益为8.14美元[4,6] - 公司三个月营收为38.72亿美元，同比增长20.7%[19] - 三个月毛利率为47.5%，较上年同期提高2个百分点[19] - 三个月净利润为10.20亿美元，同比增长27.2%[19] - 三个月每股摊薄收益为7.78美元，同比增长30.2%[19] - 公司非GAAP净利润为10.67亿美元，非GAAP每股摊薄收益为8.14美元[25] - 公司Q2和Q1财报的非美国通用会计准则(non-GAAP)净收入分别为10.67亿美元和10.24亿美元[27] - 公司Q2和Q1的非美国通用会计准则(non-GAAP)每股收益分别为8.14美元和7.79美元[27] - 公司Q2和Q1的美国通用会计准则(GAAP)每股收益分别为7.78美元和7.34美元[27] - 公司Q2和Q1的美国通用会计准则(GAAP)毛利率分别为47.5%和47.5%[28] - 公司Q2和Q1的非美国通用会计准则(non-GAAP)毛利率分别为48.5%和48.7%[28] - 公司Q2和Q1的美国通用会计准则(GAAP)营业利润率分别为29.1%和27.9%[28] - 公司Q2和Q1的非美国通用会计准则(non-GAAP)营业利润率分别为30.7%和30.3%[28] 收入构成 - 公司第二季度来自中国的收入占39%，来自韩国的收入占18%，来自台湾的收入占15%[9] - 公司第二季度系统收入为21.70亿美元，客户支持相关收入及其他为17.02亿美元[10] 现金流 - 公司现金及现金等价物和受限现金余额从上一季度的57亿美元增加至59亿美元[8] - 公司第二季度经营活动产生的现金流为8.624亿美元[8] - 公司现金及现金等价物余额为56.73亿美元[21] - 公司三个月经营活动产生的现金流量净额为8.62亿美元[23] - 公司三个月资本性支出为1.01亿美元[23] 股利分配 - 公司三个月派发现金股利2.00美元/股[19] 联系方式 - 公司联系人为Ram Ganesh, Investor Relations, 电话: 510-572-1615, 电子邮件: investor.relations@lamresearch.com[29] 未来展望 - 公司预计第三季度收入为40.5亿美元(+/-3亿美元)，GAAP毛利率为46.9%(+/-1%)，非GAAP毛利率为47.0%(+/-1%)[13] - 公司预计第三季度GAAP营业利润率为29.4%(+/-1%)，非GAAP营业利润率为29.5%(+/-1%)[13] - 公司预计第三季度GAAP每股摊薄收益为7.97美元(+/-0.75美元)，非GAAP每股摊薄收益为8.00美元(+/-0.75美元)[13]

FREMONT, Calif., July 31, 2024 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended June 30, 2024 (the "June 2024 quarter"). Highlights for the June 2024 quarter were as follows: Revenue of $3.87 billion. U.S. GAAP gross margin of 47.5%, U.S. GAAP operating income as a percentage of revenue of 29.1%, and U.S. GAAP diluted EPS of $7.78. Non-GAAP gross margin of 48.5%, non-GAAP operating income as a percentage of revenue of 30. ...

Lam Research (LRCX) is scheduled to release its fourth-quarter fiscal 2024 results on Jul 31. For fourth-quarter fiscal 2024, the company expects revenues of $3.8 billion (+/- $300 million). The Zacks Consensus Estimate for the same is pegged at $3.81 billion, indicating 18.9% growth from the figure reported in the year-ago quarter.Management expects non-GAAP earnings of $7.50 (+/- 75 cents) per share. The consensus mark for earnings is pegged at $7.52 per share, indicating growth of 25.8% from the figure r ...

Lam Research (LRCX) has seen its stock price climb 22.7% year to date, underperforming the industry’s growth of 28.1% while outperforming the S&P 500 index’s rise of 17.1%.The LRCX stock is currently trading below its 50-day moving average, indicating a bearish trend. A challenging global macroeconomic environment due to rising geo-political tensions and persistent inflation are major concerns for the leading global supplier of innovative wafer fabrication equipment.LRCX Trading Below 50-Day SMA Image Sourc ...

Lam Research (LRCX) closed the latest trading day at $959.69, indicating a -1.78% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.16%. Meanwhile, the Dow lost 0.14%, and the Nasdaq, a tech-heavy index, lost 0.06%.The the stock of semiconductor equipment maker has fallen by 4.62% in the past month, lagging the Computer and Technology sector's gain of 0.47% and the S&P 500's gain of 1.96%.The investment community will be closely monitoring the performance of Lam Research ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Lam Research (LRCX) . Lam Research currently has an average brokerage recommendation (ABR) of ...

FREMONT, Calif., July 16, 2024 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that Ava Harter has joined its executive leadership team as senior vice president and chief legal officer. Reporting to President and Chief Executive Officer Tim Archer, Harter will oversee all of Lam's legal functions as well as government and regulatory affairs.Harter most recently served as executive vice president and chief legal officer at Whirlpool Corporation where she held enterprise-wide responsibility ...

Lam Research (LRCX) closed the most recent trading day at $1,069.11, moving -0.07% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.28%. Elsewhere, the Dow saw an upswing of 0.53%, while the tech-heavy Nasdaq appreciated by 0.4%.The the stock of semiconductor equipment maker has risen by 3.27% in the past month, lagging the Computer and Technology sector's gain of 4.22% and the S&P 500's gain of 3.78%.The investment community will be closely monitoring the ...