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Lam Research Q1 FY6/25 Earnings Review

Last updated on  Nov 2, 2024

Summary:

  • Lam Research beat expectations with $4.17 billion total revenue and 8% growth QoQ
  • Bookings remain strong, services business very strong
  • Management anticipates outperforming WFE in 2025
  • Chart looks bullish. Rating: Accumulate.

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