Sahm Market update
Lam Research to Spend More Than $3 Billion Expanding Its Global Chip R&D Network, CEO Tim Archer Says 'The Pace of Innovation Is Relentless'
Lam Research plans to invest over $3 billion in the next five years to expand its global R&D network, increasing experiment capacity by more than 50% to accelerate chip innovation for the AI era. CEO Tim Archer emphasized the relentless pace of innovation, requiring faster R&D for new chip architectures. This investment aligns with a broader industry trend …