LAM Research Corp. LRCX

What this company does

Lam Research Corporation is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Its products and services are designed to help customers build smaller and better performing devices that are used in a variety of electronic products, including mobile phones, personal computers, cloud and enterprise servers, wearables, automotive vehicles, and data storage devices. Its customer base includes semiconductor memory, foundry, and integrated device manufacturers that make products such as non-volatile memory, dynamic random-access memory, and logic devices. Its Customer Support Business Group provides products and services to maximize installed equipment performance, predictability, and operational efficiency. It maintains a network of facilities throughout Asia, Europe, and the United States. As of August 4, 2026, it had approximately 23,300 regular full-time employees, of which over 26% were engaged in research and development. Approximately 38% of its regular full-time employees are located in the United States, 56% in Asia, and 6% in Europe. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

Written from the business description in LAM RESEARCH CORPORATION's annual report to the U.S. Securities and Exchange Commission, filed 7 August 2026. Every sentence was checked against that document before publication.