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Fab Equipment Industry Outlook: What It Says about Lam Research

Paige Tanner
Fab Equipment Industry Outlook: What It Says about Lam Research

Wafer fab equipment maker Lam Research (LRCX), which mainly supplies equipment to memory chipmakers, expects its shipments to fall $100 million sequentially to $3 billion in the June quarter. Analysts have been expecting the memory market growth to slow down in the second half of 2018 and for sales to decline in 2019 and 2020. The memory market is cyclical, with a short period of uptrend followed by a downtrend.