Lam Research (LRCX) PT Raised to $220 at Needham & Company

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Record Productivity Achieved with Lam Research Self-Maintaining Equipment

April 24, 2019 4:10 PM EDT

FREMONT, Calif., April 24, 2019 (GLOBE NEWSWIRE) -- Lam Research Corp. (Nasdaq: LRCX) today announced a new industry benchmark has been set for productivity in semiconductor processing using its self-maintaining equipment. Partnering with a leading semiconductor manufacturer, Lams etch processing platform has successfully demonstrated one full year of uninterrupted production.

In todays semiconductor processing environment, mean time between cleans is a major limiter of etch system productivity. Etch process modules are typically cleaned monthly or sometimes weekly to maintain stable performance and replace parts eroded by plasma processing. In April 2019, Lam and its customer... More