Lam Research reached record quarterly revenue of $6.72B in the quarter ending June 28, 2026, up 30.0% year-over-year, contrasting with a cyclical low of $3.21B in the quarter ending June 25, 2023.
Lam Research Corp designs, manufactures, and services wafer fabrication equipment used to build semiconductor chips, serving major chipmakers since its founding in 1980. Over the last year (TTM), the company generated $23.2B in revenue and $7.27B in net income. Strengths: Gross margin reached a record 51.7% in the latest quarter ending June 28, 2026, driven by a sequential doubling of NAND memory