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Lam Research Plans To Invest Over $3 Bln To Expand Research, Development Lab Network In AI Era
(RTTNews) - Lam Research Corporation (LRCX), a semiconductor manufacturing equipment and services provider, said that it intends to invest more than $3 billion over the next five years to expand its global research and development lab network. This investment will increase the company's experiment capacity by over 50%. Tim Archer, CEO of Lam Research, said: "We are investing …