VerityRank
Lam Research Corporation
Brand & Manufacturer VerifiedUnited States

Lam Research Corporation

Lam Research

Lam Research Corporation is the global leader in plasma etch technology and a top-tier supplier of thin-film deposition and wafer cleaning equipment, headquartered in Fremont, California. Founded in 1980, Lam generated approximately $21.68 billion in TTM revenue and employs about 19,700 people across 14 countries. The company's etch systems — including the flagship VANTEX and Sense.i platforms — dominate high-aspect-ratio applications essential to 3D NAND (300+ layers), GAA logic transistors, and HBM advanced packaging, making Lam one of the most strategically important suppliers in the AI-driven semiconductor buildout. Lam's deposition (ALTUS, VECTOR) and cleaning (SP, DV) products extend its reach across the front-end process flow, with virtually every advanced logic and memory fab integrating Lam tools.

Strengths: Lam Research's leadership in plasma etch — the most critical process for 3D NAND and GAA — gives it an essential role in every advanced fab, with dominant share of the high-aspect-ratio etch market. The company's strong position in deposition and cleaning provides portfolio synergy and cross-selling opportunities across the wafer fabrication flow. Lam benefits from deep partnerships with TSMC, Samsung, SK Hynix, and Micron, with its tools qualified at every leading-edge node. The company's recurring revenue model — spare parts, services, and consumables — provides stability through cyclical downturns, and analysts expect 2026-2028 wafer front-end equipment growth driven by cleanroom capacity shortages and AI demand.
Weaknesses: Lam Research's concentration in etch and deposition leaves it more exposed to process-technology transitions than diversified rivals like Applied Materials. The company faces intense competition from Tokyo Electron in etch and Applied Materials in deposition, particularly in Asia where TEL holds strong share. Lam's China revenue is constrained by export controls on advanced etch tools, requiring growth from US, Taiwan, Korean, and European fab expansions to offset the lost market.
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United StatesFounded 198019,700$21.7 B15+ Production Base / 100
Listed onNASDAQLRCX
Last updated: November 2026·By VerityRank Research Team·Methodology

Listed market data

LRCX · NASDAQ · weeklyHistory →
Market cap
$299 B
Share price
USD 227.56
1Y change
+48.5%
Recent change
-4.8%

10-30 → 11-02

Since first close
×1,187

from 1984-05

Revenue (TTM)
$23.2 B
Revenue FY 2026 · updated 2026-11-02Source ↗

Financial history

Full market history
USD 0$0USD 125$150 BUSD 250$300 BUSD 375$450 BUSD 500$600 B2025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-102026-11
MonthCloseMarket capChange
  • 2026-11USD 227.56$299 B-13.8%
  • 2026-10USD 263.94$330 B-19.7%
  • 2026-09USD 328.51$432 B+9.0%
  • 2026-08USD 301.49$396 B+2.9%
  • 2026-07USD 293.02$385 B-32.4%
  • 2026-06USD 433.33$570 B+36.2%
  • 2026-05USD 318.18$418 B+23.4%
  • 2026-04USD 257.86$339 B+20.7%
  • 2026-03USD 213.66$281 B-8.6%
  • 2026-02USD 233.89$308 B+0.2%
  • 2026-01USD 233.46$307 B+36.4%
  • 2025-12USD 171.18$225 B—
Monthly closes · 2025-12 – 2026-11 · Full market history

Ownership & Control

Shareholding as of 2026-06-30
Controlling entity
Publicly held — no controlling shareholder disclosed
Company type
Brand & Manufacturer
Insiders
0.28%
Institutions
88.78%(4,053 holders)
Free float
89.03%

Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.

In the press

All coverage →5 latest headlines1
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.

Lam Research Corporation (NASDAQ: LRCX) is a premier American semiconductor equipment manufacturer headquartered in Fremont, California, USA. The company specializes in nanometer-scale manufacturing technology, offering comprehensive solutions for semiconductor fabrication including etching equipment, thin film deposition equipment, and cleaning equipment. With operations spanning more than 20 countries and approximately 18,000 employees worldwide, Lam Research serves major chip manufacturers across North America, Asia, and Europe. The company holds a brand heat score of 78/100, reflecting its critical role in the global semiconductor industry.

Core Business

Lam Research's core business focuses on semiconductor manufacturing equipment (categories 16.2, 16.3, 16.5, 16.6, 16.9). The company's three primary product categories include etching systems (category 16.2) accounting for approximately 45% of revenue, providing plasma etching equipment and wafer etching solutions. Thin film deposition systems (category 16.3) contribute approximately 35% of revenue, including chemical vapor deposition (CVD) equipment. Wafer cleaning systems (category 16.5) represent approximately 20% of revenue, offering semiconductor cleaning technology. Additional offerings include inspection and metrology equipment (category 16.6) for process control and auxiliary systems (category 16.9) for complete solutions, all characterized by atomic layer precision and advanced packaging technology.

Global Presence

Lam Research maintains an extensive global operational infrastructure with over 15 manufacturing facilities located primarily in the United States and major Asian bases, 10+ R&D centers forming a global innovation network, and 20+ customer support centers in key customer regions. The company operates across 20+ countries globally, with significant presence in North America (core base including USA and Canada), Asia (major markets in China, Korea, Taiwan), and Europe. This comprehensive global network enables Lam Research to provide localized support and service to semiconductor manufacturers worldwide, supporting advanced chip production across multiple continents.

Key Strengths

Lam Research's competitive advantages stem from its technological leadership in nanometer-scale semiconductor manufacturing with atomic-level precision capabilities. The company reported estimated revenue of approximately $18 billion for FY2025, representing an 8.5% year-over-year increase, demonstrating strong financial performance and market demand. With approximately 18,000 employees and 15+ manufacturing facilities worldwide, Lam Research combines scale with specialized expertise as a semiconductor equipment expert. The company's comprehensive solutions approach, from etching to deposition to cleaning, positions it as an indispensable partner for advanced semiconductor fabrication facilities globally.

VerityRank Score

VerityRank Score of 78/100

Quick Facts

Headquarters

Fremont, California, United States

Founded

1980

Employees

19,700

Revenue

$21.7 B (TTM)

Market cap

$299 B

Factories

15+ Production Base

Presence

20+ Countries

Categories
Machinery & Equipment CompaniesMachinery & Equipment ManufacturersElectronic Equipment CompaniesElectronic Equipment ManufacturersSemiconductor Equipment CompaniesSemiconductor Equipment ManufacturersSemiconductor Manufacturing Equipment CompaniesSemiconductor Manufacturing Equipment ManufacturersPackaging Materials & Solutions IndustrySemiconductor Manufacturing IndustryEdge Computing Devices IndustryMachine Vision Systems IndustryDisplay Panel Manufacturing Equipment IndustryEdge Device Production Equipment IndustryElectronic Components IndustryEtching Equipment IndustryIndustrial Automation Systems IndustryMobile Device Production Equipment IndustrySemiconductor Manufacturing Equipment IndustrySmart Device Manufacturing Equipment IndustryThin-Film Deposition Equipment IndustryIndustrial Sensors Industry

22 categories · scroll for more

Related

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: Official Website Nasdaq : LRCX , Lam Research Company Overview (Official)
Lam Research CDP Submission 2024
Lam Research Analyst Outlook (Seeking Alpha)
SEMI Global Semiconductor Equipment Billings Report