Earnings call briefFiscal first-quarter
Lam Research lifts Aether revenue outlook to about $2.5 billion by decade end
Lam Research said its preliminary 2027 WFE outlook is more than $200 billion of spending, with percentage growth led by DRAM.
GetSignal Lam Research LRCX
Lam Research said on its fiscal first-quarter call that it now sees cumulative Aether-related revenue reaching approximately $2.5 billion by the end of the decade, roughly $1 billion above its prior figure.
Chief Executive Tim Archer said the company expects calendar 2026 systems revenue to grow well over 40% year-on-year, including the midpoint of its December quarter revenue range.
Quotes from the call
“Our preliminary 2027 WFE outlook is for more than $200 billion of spending, with percentage growth led by DRAM, followed by leading-edge foundry logic and NAND.”
Key facts from the call
- Cumulative Aether-related revenue by end of decade
- approximately $2.5 billion, roughly $1 billion above prior figure
- Preliminary 2027 WFE outlook
- more than $200 billion of spending
- December quarter non-GAAP gross margin guidance
- 52.5%, plus or minus 1 percentage point
- December quarter non-GAAP operating margin guidance
- 40.5%, plus or minus 1 percentage point
Source: Lam Research's fiscal first-quarter earnings call, October 21, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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