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LamResearch


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Applied Materials' revenue forecast signals weak spending outside AI chips

UPDATE 1-Applied Materials' revenue forecast signals weak spending outside AI chips Adds analyst comment in paragraph 3, details in paragraph 9 By Jaspreet Singh Nov 14 (Reuters) - Applied Materials AMAT.O forecast first-quarter revenue below Wall Street estimates on Thursday, a sign of sluggish demand for the chipmaking equipment outside of AI-powered chips, sending its shares down nearly 5% in extended trading.
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Applied Materials forecasts quarterly revenue below estimates on weak demand

Applied Materials forecasts quarterly revenue below estimates on weak demand Nov 14 (Reuters) - Applied Materials AMAT.O forecast first-quarter revenue below Wall Street estimates on Thursday, a sign of sluggish demand for the chipmaking equipment outside of AI-powered chips, sending its shares down nearly 4% in extended trading. Despite the strong need for leading-edge equipment for AI chips, the weakness in certain markets has kept the spending slow, hitting demand for firms such as Applied Ma
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US ordered TSMC to halt shipments to China of chips used in AI applications, source says

EXCLUSIVE-US ordered TSMC to halt shipments to China of chips used in AI applications, source says Adds Taiwan economy ministry statement in paragraph 10 By Karen Freifeld and Fanny Potkin NEW YORK/SINGAPORE, Nov 9 (Reuters) - The U.S. ordered Taiwan Semiconductor Manufacturing Co 2330.TW to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday, according to a person familiar with the matter.
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US ordered TSMC to halt shipments to China of chips used in AI applications, source says

EXCLUSIVE-US ordered TSMC to halt shipments to China of chips used in AI applications, source says By Karen Freifeld, Fanny Potkin NEW YORK/SINGAPORE, Nov 9 (Reuters) - The U.S. ordered Taiwan Semiconductor Manufacturing Co 2330.TW to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday, according to a person familiar with the matter.
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US lawmakers press top chip equipment makers for details on China sales

UPDATE 1-US lawmakers press top chip equipment makers for details on China sales Adds comment requests, quote, background By Alexandra Alper and David Shepardson WASHINGTON, Nov 8 (Reuters) - China hardliners in Congress are calling on the world's foremost semiconductor equipment makers - KLA KLAC.O , LAM LRCX.O , Applied Materials AMAT.O , Tokyo Electron 8035.T and ASML ASML.AS - to provide details of their sales to China.
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US lawmakers ask top chip equipment makers for details on China sales

US lawmakers ask top chip equipment makers for details on China sales WASHINGTON, Nov 8 (Reuters) - China hardliners in Congress are calling on the world's foremost semiconductor equipment makers - KLA KLAC.O , LAM LRCX.O , Applied Materials AMAT.O , Tokyo Electron 8035.T and ASML ASML.AS -- to provide details of their sales to China. Republican John Moolenaar and Democrat Raja Krishnamurthi sent letters to the companies on Thursday, according to a Friday press release, amid pushback from some e
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U.S. Chip Toolmakers Applied Materials, Lam Research Move To Cut China From Supply Chains - WSJ

BRIEF-U.S. Chip Toolmakers Applied Materials, Lam Research Move To Cut China From Supply Chains - WSJ Nov 4 (Reuters) - U.S. CHIP TOOLMAKERS MOVE TO CUT CHINA FROM SUPPLY CHAINS - WSJ Source text: https://tinyurl.com/vbstxbcs Further company coverage: AMAT.O
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China's sanction-hit tech industry puzzles over impact of Trump, Harris presidencies

ANALYSIS-China's sanction-hit tech industry puzzles over impact of Trump, Harris presidencies U.S. seeks to curb Chinese technological advancement citing national security Chinese tech executives say Trump could undermine U.S. cooperation with allies Executives expect Harris to continue Biden's more predictable policies By Eduardo Baptista, Anne Marie Roantree BEIJING, Nov 1 (Reuters) - Donald Trump winning the U.S.
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AMD revenue forecast and AI chip sales fails to impress Wall Street (Oct. 29)

CORRECTED-UPDATE 4-AMD revenue forecast and AI chip sales fails to impress Wall Street (Oct. 29) Corrects paragraph 1 of Oct. 29 story to say $5 billion AI chip sales forecast is for 2024, not 2025 AMD's data center business revenue surged 122% to $3.5 billion Analysts believe Nvidia will maintain majority market share in AI chips AMD expects Q4 revenue of $7.5 billion, below estimates By Arsheeya Bajwa and Max A.
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Arm Holdings PLC ARM.OQ +4.4% Moderna Inc MRNA.OQ +3.3% PDD Holdings Inc PDD.OQ +2.7% NXP Semiconductors NV NXPI.OQ +2.4% Marvell Technology Inc MRVL.OQ +2.3% Bottom Performers Percent Change GE Healthcare Technologies Inc GEHC.OQ -3.2% Diamondback Energy Inc FANG.OQ -3.1% Lam Research Corp LRCX.OQ -2.7% Tesla Inc TSLA.OQ -2.3% Charter Communications Inc CHTR.OQ -1.9% The Nasdaq 1
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Arm Holdings PLC ARM.OQ +4.9% ON Semiconductor Corp ON.OQ +4.6% PDD Holdings Inc PDD.OQ +2.9% NXP Semiconductors NV NXPI.OQ +2.8% Moderna Inc MRNA.OQ +2.6% Bottom Performers Percent Change GE Healthcare Technologies Inc GEHC.OQ -3.7% Diamondback Energy Inc FANG.OQ -3.2% Lam Research Corp LRCX.OQ -2.2% Cadence Design Systems Inc CDNS.OQ -1.7% Dexcom Inc DXCM.OQ -1.6% The Nasdaq 100
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U.S. stocks weekly: Tap the brakes

RPT-BUZZ-U.S. stocks weekly: Tap the brakes Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX snaps six-week winning streak, loses 1% as corporate reports pour in .N ** This as the benchmark index sees another spooky turn ** Dow .DJI also ends six-week string of gains, though Nasdaq Composite .IXIC extends its winning streak to seven weeks ** With this, the composite finally scores a fresh record intraday high ** Benchmark U.S.
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U.S. stocks weekly: Tap the brakes

BUZZ-U.S. stocks weekly: Tap the brakes ** S&P 500 .SPX snaps six-week winning streak, loses 1% as corporate reports pour in .N ** This as the benchmark index sees another spooky turn ** Dow .DJI also ends six-week string of gains, though Nasdaq Composite .IXIC extends its winning streak to seven weeks ** With this, the composite finally scores a fresh record intraday high ** Benchmark U.S.
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Tesla Inc TSLA.OQ +22.3% T-Mobile US Inc TMUS.OQ +5.9% Lam Research Corp LRCX.OQ +4.7% Dexcom Inc DXCM.OQ +2.9% ON Semiconductor Corp ON.OQ +2.7% Bottom Performers Percent Change Honeywell International Inc HON.OQ -5.0% Keurig Dr Pepper Inc KDP.OQ -4.7% Moderna Inc MRNA.OQ -2.1% Workday Inc WDAY.OQ -2.0% CSX Corp CSX.OQ -1.6% The Nasdaq 100 .NDX gained 168.13 points, or 0.84%, to
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U.S. STOCKS Newmont, Monopar Therapeutics, TKO Group

BUZZ-U.S. STOCKS ON THE MOVE-Newmont, Monopar Therapeutics, TKO Group Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq jumped on Thursday, driven by Tesla's positive earnings forecast, which buoyed market sentiment despite declines from other corporate results and pressure from rising Treasury yields.
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U.S. STOCKS Teck Resources, Nasdaq, T-Mobile

BUZZ-U.S. STOCKS ON THE MOVE-Teck Resources, Nasdaq, T-Mobile Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq rebounded on Thursday, after Tesla's upbeat earnings forecast lifted market sentiment following a selloff in the previous session, kicking off megacap results on a promising note.
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Lam Research gains on strong Q2 rev forecast

BUZZ-Lam Research gains on strong Q2 rev forecast ** Shares of chip-making equipment firm Lam Research LRCX.O up 4.8% at $76.39 premarket ** Sees Q2 rev of $4.30 bln, +/- $300 mln, vs estimates from data compiled by LSEG of $4.24 bln ** Strong Q2 rev forecast driven by AI chip demand as chipmakers ordered more of its equipment used to manufacture semiconductors for AI applications ** Q1 rev of $4.17 bln beats estimates of $4.05 bln, per LSEG data ** However, at least four brokerages cut target p
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U.S. Coca-Cola, Nextera Energy Partners, ServiceNow

U.S. RESEARCH ROUNDUP-Coca-Cola, Nextera Energy Partners, ServiceNow Oct 24 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Coca-Cola, Nextera Energy Partners, and ServiceNow on Thursday. HIGHLIGHTS * Avery Dennison Corp AVY.N : JP Morgan cuts to neutral from overweight * Coca-Cola Co KO.N : JP Morgan cuts target price to $75 from $78 * Nextera Energy Partners LP NEP.N : JP Morgan raises to neutral from underweight *
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Lam Research Corp reports results for the quarter ended in September 30 - Earnings Summary

Lam Research Corp reports results for the quarter ended in September 30 - Earnings Summary Lam Research Corp LRCX.OQ reported quarterly adjusted earnings of 86 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 69 cents. The mean expectation of twenty two analysts for the quarter was for earnings of 80 cents per share.
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Lam Research forecasts quarterly revenue above estimates on AI chip demand

Lam Research forecasts quarterly revenue above estimates on AI chip demand Oct 23 (Reuters) - Lam Research LRCX.O forecast revenue for the December quarter above Wall Street expectations on Wednesday, as chipmakers ordered more of its equipment used to manufacture semiconductors for artificial intelligence applications. Shares of the Fremont, California-based company rose 5% in trading after the bell.
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