Thursday, October 20, 2016

Lam Research see growth in atomic level processing : ALD & ALE

Lam Research's (LRCX) CEO Martin Anstice on Q1 2017 Results - Earnings Call Transcript by Seeking Alpha [LINK]

Martin Anstice, President and Chief Executive Officer of Lam Research stated in a call on the financial results for the September 2016 quarter that Lam Research has achieved a new record for shipments in the quarter. 
With respect to ALD and ALE he made this encouraging statement early on in the call:

"Our differentiated product pipeline momentum continues apace most recently with metal ALD in 3D NAND and atomic level etch in dielectric foundry applications. In addition, our business teams are achieving more than 90% success in critical defenses and new market application penetrations combined which is extremely rewarding. This is an exciting time to be part of the semiconductor ecosystem, no doubt."

Martin Anstice went on and gave the following outlook for 2017:

"As we look into 2017, we are encouraged by the strong momentum in 3D NAND. For numerous reasons, we are also more convinced and convicted in our belief that DRAM supply and demand conditions will continue to improve as we previously indicated. As a result, we have an upward bias to spending expectations for DRAM and NAND in 2017. We expect flat to a modest pullback in logic foundry spending as customers digest the 10 nanometer investments made in 2016 and commence initial 7 nanometer roadmaps. Overall, we are modeling slightly higher total WFE spend in 2017 with memory versus logic segment tailwinds for the company once more. Again, our objective will be to outgrow WFE in 2017." 

Please find the full transcript provided by Seeking Alpha here and the slides from the earnings call here.

Press release from Lam Research here.

No comments:

Post a Comment