Lam Research (LRCX) Thoughts from Morgan Stanley's TMT Conference

March 2, 2021 8:42 AM EST
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Lam Research (NASDAQ: LRCX) CFO, Doug Bettinger, presented reiterating commentary
from earnings that 1H order trends remain strong and sounded optimistic about prospects for the second half. He believes that Applied Materials could be right about upside to their full year WFE forecast that could materialize later in the year. Lam has guided that they are planning around 1h being above 2h.

The analyst stated "Clearly confidence remains strong, with the company calling for growth in all segments for the full calendar year, with DRAM and foundry carrying the back half as NAND spending eases."

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