Lam Research Corporation revealed that Michael R. Cannon and Sohail U. Ahmed will retire from its Board of Directors on November 2, 2026. Both have provided significant leadership and industry expertise, with Cannon bringing over 40 years of experience in technology and executive roles, and Ahmed contributing deep knowledge from his tenure at Intel. Their retirements mark a transition in Lam's governance after years of guiding the company through growth and innovation in semiconductor equipment. The company expressed gratitude for their contributions and wished them well in retirement.
Lam Research Corporation's Board of Directors approved a 27% increase in its quarterly dividend, raising it from $0.26 to $0.33 per share. The dividend will be paid on October 14, 2026, to shareholders recorded by September 23, 2026. This move reflec...
Lam Research has begun construction on a new advanced lab in Tualatin, Oregon, as part of a $3 billion global expansion to accelerate AI chip development. The 120,000-square-foot facility will increase cleanroom space by over 50%, enabling closer col...
Lam Research announced that Doug Bettinger, its CFO, will participate in two key investor events: the Citi 2026 Global TMT Conference on September 9 and the Goldman Sachs Communicopia + Technology Conference on September 10. These presentations will ...
