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What Lam Research’s Fiscal 3Q18 Earnings Say about Memory Market

Paige Tanner
What Lam Research’s Fiscal 3Q18 Earnings Say about Memory Market

Lam Research (LRCX) was among the first semiconductor companies to release its fiscal 3Q18 earnings for the quarter that ended on March 25. The company manufactures wafer fabrication equipment used primarily to produce memory chips. The company earned 84% of its revenue from memory, 10% from the foundry, and 6% from logic and other markets.