Complex AI chips will drive demand for Lam Research chipmaking tools: CEO Tim Archer

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Lam Research chief executive said Tim Archer on Wednesday the thirst for complex artificial intelligence silicon will push the likes of TSMC to purchase more of the US company’s tools over the next three years. The remarks were part of the first analyst day Lam Research has hosted in five years. At the two-and-a-half-hour presentation in New York, executives discussed two new chipmaking tools in technical detail, gave a market overview and issued a financial forecast through 2028.

“(Artificial intelligence) is probably the biggest fundamental…



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Complex AI chips will drive demand for Lam Research chipmaking tools: CEO Tim Archer


Lam Research chief executive said Tim Archer on Wednesday the thirst for complex artificial intelligence silicon will push the likes of TSMC to purchase more of the US company’s tools over the next three years. The remarks were part of the first analyst day Lam Research has hosted in five years. At the two-and-a-half-hour presentation in New York, executives discussed two new chipmaking tools in technical detail, gave a market overview and issued a financial forecast through 2028.

“(Artificial intelligence) is probably the biggest fundamental…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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