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Lam Research Falls 12%: The Problem Is the Timing of AI Growth, Not Its End

Revenue up 54%, an operating margin above 40% and $3.2 billion in free cash flow were not enough. The selloff likely reflects worry that revenue arrives later than hoped.

InvestingOctober 23

Wafer Fabrication Equipment

Lam Research Falls 12%: The Problem Is the Timing of AI Growth, Not Its End

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