Lam Research focused on adding AI to chipmaking tools as it eyes US expansion, CEO says
⢠Lam Research is integrating AI and sensing capabilities into its semiconductor manufacturing tools to increase productivity and efficiency. ⢠The company is planning to expand its operational footprint within the United States, specifically targeting growth in Arizona and California. ⢠Driven by the surge in AI chip demand, Lam's shares have risen over 75% this year as key customers like Micron Technology and TSMC increase tool orders.
reuters.com