Tim Archer

“In the September quarter, LAM again delivered record revenue and profitability. Gross margin, operating margin, and EPS all reached new highs, with operating margin topping 40% for the first time.”

“Yeah, it's, I mean, first of all, I agree with you on this point of this is a renaissance and it's driven by AI demand that has really touched every segment of the equipment market, the devices, in-device markets.”

“LAM is off to a solid start in calendar year 2026, with revenues and profitability in the marked quarter at the upper end of our guidance ranges and earnings per share exceeding the top end of our guided range.”

“We ended calendar year 2025 on a strong note, delivering December quarter revenues ahead of the midpoint of our guidance. Gross margins, operating margins, and EPS all exceeded the high end of the range.”

“Lam delivered a solid September quarter, highlighted by record revenues of $5.3 billion, a gross margin of 50.6%, and a record operating margin of 35%. We also achieved record combined spares and services revenue, and growth in total CSBG revenue outpaced the increase in installed base units.”