FREMONT,
Calif., Nov. 7, 2024 /PRNewswire/ -- Lam Research
Corporation (Nasdaq: LRCX) today announced that its Board of
Directors has approved a quarterly dividend of $0.23 per share of common stock. The
dividend payment will be made on January 8, 2025, to holders
of record on December 11, 2024. Future dividend payments are
subject to review and approval by the Board of Directors.
About Lam Research:
Lam Research Corporation is a global supplier of innovative
wafer fabrication equipment and services to the semiconductor
industry. Lam's equipment and services allow customers to build
smaller and better performing devices. In fact, today, nearly every
advanced chip is built with Lam technology. We combine superior
systems engineering, technology leadership, and a strong
values-based culture, with an unwavering commitment to our
customers. Lam Research (Nasdaq: LRCX) is a FORTUNE 500® company
headquartered in Fremont, Calif.,
with operations around the globe. Learn more at
www.lamresearch.com. (LRCX)
Caution Regarding Forward-Looking Statements:
Statements made in this press release that are not of historical
fact are forward-looking statements and are subject to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements relate to but are not
limited to our plans to make dividend payments, declare dividends,
or grow dividend amounts. Some factors that may affect these
forward-looking statements include: trade regulations, export
controls, trade disputes, and other geopolitical tensions may
inhibit our ability to sell our products; business, political
and/or regulatory conditions in the consumer electronics industry,
the semiconductor industry and the overall economy may deteriorate
or change; the actions of our customers and competitors may be
inconsistent with our expectations; supply chain cost increases and
other inflationary pressures have impacted and may continue to
impact our profitability; supply chain disruptions or manufacturing
capacity constraints may limit our ability to manufacture and sell
our products; and natural and human-caused disasters, disease
outbreaks, war, terrorism, political or governmental unrest or
instability, or other events beyond our control may impact our
operations and revenue in affected areas; as well as the other
risks and uncertainties that are described in the documents filed
or furnished by us with the Securities and Exchange Commission,
including specifically the Risk Factors described in our annual
report on Form 10-K for the fiscal year ended June 30, 2024 and quarterly report on Form 10-Q
for the quarter ended September 29,
2024. These uncertainties and changes could materially
affect the forward-looking statements and cause actual results to
vary from expectations in a material way. The Company undertakes no
obligation to update the information or statements made in this
press release.
Company Contacts:
Ram Ganesh
Investor Relations
(510) 572-1615
Email: investor.relations@lamresearch.com
Source: Lam Research Corporation
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SOURCE Lam Research Corporation