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Lam Research reports Q1 adjusted EPS $1.47, consensus $1.36

Reports Q1 revenue $5.84B, consensus $5.76B. “Lam delivered record revenue and EPS in the March quarter as AI-driven demand reshapes the semiconductor industry,” said Tim Archer, Lam Research’s (LRCX) President and Chief Executive Officer. “Our strategic investments and the velocity of our execution are generating strong momentum, enabling customers’ AI roadmaps and driving Lam’s outperformance during this critical phase of industry growth.”

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