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Lam Research Revenue Jumps 28% on Foundry Boom

LRCX10-QFiling Date: 10/24/2025
Lam Research Corporation
Description

What this story covers

Lam Research's Q1 FY2026 10-Q shows $5.324B revenue up 28% YoY, driven by foundry demand for AI chips. Margins hit 50.4%, net income $1.569B. Strong cash $6.7B supports R&D and buybacks, amid Asia reliance and cyclical risks.

Story snapshot

CompanyLam Research Corporation
TickerLRCX
VariantStandard detailed
Duration9:59
Filing type10-Q
PeriodQ1 2026
IndustryTechnology
Accession0000707549-25-000085

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