Lam Research reported record financial results for the quarter ended March 29, 2026, driven by strong demand linked to artificial intelligence. Revenue reached $5.84 billion, while net income rose to $1.83 billion, with earnings per share of $1.45 on a GAAP basis.

Profitability remained robust, with operating margins at 35% and gross margins نزدیک 50%, reflecting solid execution and industry momentum. The company highlighted that AI-driven semiconductor demand is accelerating growth and supporting customer investment in advanced chip technologies.

Despite strong earnings, cash balances declined to $4.77 billion, mainly due to capital returns, debt repayments, and capital expenditures.

Source: PR Newswire