Lam Research Roars to New Heights on Improving WFE Industry Conditions
Lam Research (NASDAQ: LRCX) released fiscal second-quarter 2020 results late Wednesday, marking a return to top-line growth for the semiconductor-processing solutions company that was much more pronounced than its previous guidance (which was provided in October) indicated.
Shares are up more than 4% as the market absorbs the news, setting a new all-time high in the process. Let's dig in for a better idea of what Lam accomplished over the past few months, as well as what we should be watching for the rest of the year.
Fiscal Q2 2020*
Source Fool.com
