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-0.00168513291485868 -0.00113746471752952 -0.00214854446644475 -0.000652989004507735 -0.00139023465475833 0.00141129881619416 0.000716181488814997 0.00116779710999702
Stock impact report

Investor Outlook: Applied Materials shares surge 12% after earnings beat [BNN Bloomberg (Canada)]

Lam Research Corporation (LRCX) 
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
Company Research Source: BNN Bloomberg
its full-year growth outlook, citing strong demand tied to artificial intelligence and memory chips. BNN Bloomberg spoke with Atif Malik, analyst at Citi, who said the company's upgraded semiconductor systems sales forecast and positioning in DRAM equipment reflect a favourable shift in spending toward advanced packaging and AI-driven chip production. Key Takeaways Applied Materials is now forecasting about 20 per cent semiconductor systems sales growth this year, above prior mid-teens expectations, driven by AI and advanced packaging demand. Severe memory shortages are redirecting supply toward AI applications, prompting additional capacity buildouts that benefit chip equipment makers. China has accounted for roughly 30 per cent of equipment sales in recent years, with export restrictions and in-sourcing efforts remaining key risks. Major customers including Samsung, TSMC and Intel represent about 75 per cent of global equipment spending, underscoring customer concentrati Show less Read more
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