Nick Turner / Bloomberg:
Lam Research reports Q1 revenue down 31% YoY to $3.48B, vs. $3.42B est., the third straight quarter of decline, as the chipmaking tools market remains “soft” — Lam Research Corp. fell as much as 3.8% in late trading after revenue fell for a third straight quarter, a sign demand for chipmaking equipment remains sluggish.
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Thursday, October 19, 2023
Lam Research reports Q1 revenue down 31% YoY to $3.48B, vs. $3.42B est., the third straight quarter of decline, as the chipmaking tools market remains "soft" (Nick Turner/Bloomberg)
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