The company's CFO, Douglas Bettinger, projected revenues between $25 billion and $28 billion by 2028, with adjusted earnings per share expected to range from $6 to $7.

In January 2025, Lam Research forecasted third-quarter revenue that exceeded market estimates, indicating a robust increase in demand from chip manufacturers.

The Akara tool is specifically designed for etching, effectively removing unwanted material from semiconductor wafers to create intricate chip structures.

Lam Research has unveiled two new chipmaking tools, ALTUS Halo and Akara, aimed at enhancing advanced AI semiconductor production.

Featuring innovative plasma etch technologies, Akara enhances precision and performance, particularly for 3D chipmaking.

Recently, Lam Research announced a significant $1.2 billion investment aimed at bolstering India's semiconductor ecosystem, which is projected to grow to $63 billion by 2026.

These innovations are expected to help semiconductor manufacturers scale their operations to meet the growing needs of AI applications.

In addition to Akara, the ALTUS Halo tool is also part of Lam's strategy to support the scaling of advanced transistor technologies and is compatible with various memory types.

Molybdenum plays a crucial role in enhancing chip performance and facilitating the scaling of next-generation semiconductor devices.

Looking ahead, Lam Research anticipates adjusted gross margins to reach approximately 50% by 2028, reflecting a strong financial outlook.

Key clients such as Micron Technology, Samsung Electronics, and Taiwan Semiconductor Manufacturing Company (TSMC) are increasingly relying on Lam's advanced manufacturing tools to meet the surging demand driven by AI.

With these advancements, Lam Research positions itself as a key competitor alongside industry giants such as Applied Materials, ASML, and KLA Corp.