Onward and Upward: Lam Research Exudes Confidence With Gaudy 2021 Targets at 2018 Analyst Day
On March 6, Lam Research hosted an investor meeting at which management outlined its forward outlook for the narrow-moat equipment provider. Persisting demand across leading chipmakers in support of 3D NAND and 10-nanometer process ramps are poised to fuel wafer fabrication equipment, or WFE, growth in 2018. We remain positive on Lam’s best-of-breed etch offerings and strong deposition equipment portfolio, as these WFE sub-segments have outpaced others in recent years, with management positing 4...Lam Research is a supplier of wafer fabrication equipment and services to the semiconductor industry. The company designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company's 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. The company's services include customer service, spares, improvement, and refurbishment of its deposition, etch, and clean products. The company sells its products and services to companies in the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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