Exhibit 99.1 FOR IMMEDIATE RELEASE Lam Research Corporation Reports Financial Results for the Quarter Ended December 29, 2024 FREMONT, Calif., January 29, 2025 - Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended December 29, 2024 (the "December 2024 quarter"). Highlights for the December 2024 quarter were as follows: Key Financial Data for the Quarters Ended December 29, 2024 and September 29, 2024 (in thousands, except per-share data, pe ...

FREMONT, Calif., Jan. 29, 2025 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended December 29, 2024 (the "December 2024 quarter").Highlights for the December 2024 quarter were as follows: Revenue of $4.38 billion. U.S. GAAP gross margin of 47.4%, U.S. GAAP operating income as a percentage of revenue of 30.5%, and U.S. GAAP diluted EPS of $0.92. Non-GAAP gross margin of 47.5%, non-GAAP operating income as a percentage of rev ...

Lam Research Corporation (LRCX) is scheduled to release its second-quarter fiscal 2025 results on Jan. 29. The Zacks Consensus Estimate for earnings is pegged at 87 cents per share, calling for growth of 16% from the figure reported in the year-ago quarter. The earnings figure has been unchanged over the past 60 days.Image Source: Zacks Investment ResearchStay up-to-date with all quarterly releases: See Zacks Earnings Calendar.For the second quarter of fiscal 2025, the company expects revenues of $4.3 billi ...

Palo Alto Networks (PANW -0.20%) is one of the top names in the cybersecurity industry, and its stock has turned out to be a fruitful investment over the past two years. Share prices are up 157% during this period, beating the 78% gains registered by the Nasdaq-100 Technology Sector index.The stock's impressive jump has brought its market capitalization to $123 billion. More importantly, Palo Alto stock seems capable of heading higher in the future as well, thanks to the growing adoption of artificial intel ...

Stock Performance - Lam Research (LRCX) closed at $81 50, up 1 49% from the previous session, outperforming the S&P 500 (0 88%), Dow (1 24%), and Nasdaq (0 65%) [1] - Over the past month, LRCX shares gained 8 81%, outperforming the Computer and Technology sector (0 37%) and the S&P 500 (1 17%) [1] Earnings and Revenue Projections - LRCX is projected to report earnings of $0 87 per share on January 29, 2025, representing a 16% YoY growth [2] - Revenue for the upcoming quarter is estimated at $4 31 billion, a 14 59% increase from the same quarter last year [2] - For the full fiscal year, earnings are projected at $3 51 per share (+17 39% YoY) and revenue at $17 19 billion (+15 35% YoY) [3] Analyst Estimates and Valuation - Recent changes in analyst estimates reflect confidence in LRCX's business performance and profit potential [4] - LRCX has a Forward P/E ratio of 22 91, below the industry average of 26 04 [7] - The PEG ratio of LRCX is 1 48, lower than the industry average of 2 2 [7] Industry Overview - The Electronics - Semiconductors industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 89, placing it in the top 36% of all industries [8] - The top 50% of industries outperform the bottom half by a factor of 2 to 1 [8]

Lam Research Corporation (LRCX) has seen its stock price drop 17.8% over the past six months, significantly underperforming the Zacks Electronics – Semiconductors industry’s gain of 27.3%. The stock has also underperformed industry peers, including Marvell Technology, Inc. (MRVL) , Broadcom Inc. (AVGO) and Ambarella, Inc. (AMBA) , over the same time frame.6-Month Price Return PerformanceImage Source: Zacks Investment ResearchThis underperformance has raised questions about whether it’s a buying opportunity ...

Chip suppliers ASML Holding NV (NASDAQ:ASML), Broadcom Inc (NASDAQ:AVGO), and Lam Research Corp (NASDAQ:LRCX) are higher today, after Taiwan Semiconductor (TSM) reported record quarterly profits and said they expect revenue to grow in the first three months of 2025 growth thanks to strong artificial intelligence (AI) processing chip demand.ASML is up 4.3% to trade at $757.42 at last glance, but is still struggling with long-term overhead pressure at the $780 level, which rejected last week's rally. Shares a ...

In the latest market close, Lam Research (LRCX) reached $75.06, with a +0.82% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.12%. On the other hand, the Dow registered a gain of 0.52%, and the technology-centric Nasdaq decreased by 0.23%.Prior to today's trading, shares of the semiconductor equipment maker had lost 4.34% over the past month. This has lagged the Computer and Technology sector's loss of 3.73% and the S&P 500's loss of 3.45% in that ti ...

FREMONT, Calif., Jan. 14, 2025 /PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its innovative dry photoresist (dry resist) technology has been qualified for direct-print 28nm pitch back end of line (BEOL) logic at 2nm and below by imec, a leading research and innovation hub in nanoelectronics and digital technologies. An advanced patterning technique introduced by Lam, dry resist enhances the resolution, productivity and yield of extreme ultraviolet (EUV) lithography, a pivotal ...

In the latest trading session, Lam Research (LRCX) closed at $77.04, marking a -0.62% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.16%. Elsewhere, the Dow saw an upswing of 0.25%, while the tech-heavy Nasdaq depreciated by 0.06%.The semiconductor equipment maker's stock has climbed by 3.18% in the past month, exceeding the Computer and Technology sector's loss of 0.17% and the S&P 500's loss of 2.8%.The upcoming earnings release of Lam Research will be of gre ...