0 -8.19235653134879E-05 0.00102404456641953 0.00561176422397905 0.00765985335681811 0.00479252857084347 0.0123294965796912 0.0168762544545939
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Stockreport

KLA Corp forecasts strong quarterly revenue on AI-linked demand [Yahoo! Finance]

Lam Research Corporation (LRCX)  More Company Research Source: Yahoo! Finance
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
semiconductor manufacturers ramp up production of high-end ?processors for artificial intelligence. Shares of the Milpitas, California-based company, however, fell more than ?7% in extended trading. As of Wednesday's close, they had gained about 50% this year, as rising demand for processors powering large language models and AI applications fueled spending on chipmaking equipment made by ?companies such as KLA ?Corp. The company expects fourth-quarter revenue of $3.58 billion, plus or minus $200 million, compared with analysts' average estimate of $3.54 ?billion, according to data compiled by LSEG. It also forecast an adjusted profit of $9.87 per share for the period, plus or minus $1.00. Analysts ?expect ?a profit of $9.80 per share. Last week, ?peer Lam Research had ?forecast fourth-quarter revenue above Wall Street estimates. The soaring demand for complex AI chips has increased process-control intensity, ramping up the need for tools that can help ensure high producti [Read more]
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Stockreport

KLA Corp forecasts strong quarterly revenue on AI-linked demand [Yahoo! Finance]

Lam Research Corporation  (LRCX) 
More Company Research Source: Yahoo! Finance
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
semiconductor manufacturers ramp up production of high-end ?processors for artificial intelligence. Shares of the Milpitas, California-based company, however, fell more than ?7% in extended trading. As of Wednesday's close, they had gained about 50% this year, as rising demand for processors powering large language models and AI applications fueled spending on chipmaking equipment made by ?companies such as KLA ?Corp. The company expects fourth-quarter revenue of $3.58 billion, plus or minus $200 million, compared with analysts' average estimate of $3.54 ?billion, according to data compiled by LSEG. It also forecast an adjusted profit of $9.87 per share for the period, plus or minus $1.00. Analysts ?expect ?a profit of $9.80 per share. Last week, ?peer Lam Research had ?forecast fourth-quarter revenue above Wall Street estimates. The soaring demand for complex AI chips has increased process-control intensity, ramping up the need for tools that can help ensure high producti [Read more]
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