Market OutlookManagement sees a lighter C2H25, which could be ~$700MM lower in revenue than C1H25, as all market segments, i.e. foundry/logic, DRAM, and NAND, are expected to trend lower.
Revenue DeclineExpectations for 2H revenue decline as uncertain macro backdrop dampens the outlook.
Revenue ImpactA $700 million sales headwind from restrictions on China customers may impact Lam Research's second-half revenue.