LAM RESEARCH CORP
Close on Oct 19, 2026
- Market cap
- $341.89B
- P/E (TTM)
- 47.3
- Dividend yield
- 0.38%
About Lam Research
Special Industry Machinery, NEC, SIC 3559
Lam Research Corporation supplies wafer fabrication equipment and related services to the semiconductor manufacturing industry. The company designs systems used in deposition, etch, and wafer cleaning processes, along with dry photoresist technologies and advanced packaging solutions for integrated circuits. Through its Customer Support Business Group, the firm delivers equipment maintenance, spare parts, upgrades, and operational optimization services. Its customer base consists of semiconductor manufacturers, including memory chip makers, foundries, and integrated device manufacturers that produce dynamic random-access memory, non-volatile memory, and logic devices.
Headquartered in Fremont, California, Lam Research operates a global network of facilities spanning Asia, Europe, and the United States. In addition to its primary manufacturing and operational footprint, the company maintains service teams and personnel across locations including the United States, China, Europe, India, Japan, Korea, Southeast Asia, and Taiwan.
Summary of the business section of Lam Research's latest annual report, written by StockData.
Company profile
Company
- Legal name
- LAM RESEARCH CORP
- Founded
- 1980
- Headquarters
- Fremont, CA
- Address
- 4650 Cushing Blvd 94538
- Phone
- (510) 659-0200
- Website
- lamresearch.com
- Employees
- 23,300, Jun 28, 2026
- Industry
- Special Industry Machinery, NEC
- Incorporated in
- Delaware
- Fiscal year ends
- June 27
- Auditor
- KPMG LLP, Santa Clara, California
Stock & identifiers
- Ticker
- LRCX
- Exchange
- Nasdaq
- Shares outstanding
- 1.25B, Aug 4, 2026
- Public float
- $178.31B, Dec 28, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 10-for-1, Oct 3, 2024; 10-for-1, Oct 2, 2024; 3-for-1, Mar 17, 2000; 3-for-2, Sep 16, 1993
- SEC CIK
- 707549
- CUSIP
- 512807306
- ISIN
- US5128073062
- LEI
- 549300I4GMO6D34U1T02
- EIN
- 94-2634797
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Timothy Archer | President and CEO | 1,159,662 |
| Seshasayee Varadarajan | Senior Vice President | 207,913 |
| Ava Harter | Chief Legal Officer | 42,462 |
| Neil J. Fernandes | Senior Vice President | 59,485 |
| Karthikeyan Rammohan | SVP, Global Ops & Ent Solns | 99,034 |
| Douglas R. Bettinger | Chief Financial Officer & EVP | 1,096,261 |
| Patrick J. Lord | Executive Vice President | 98,848 |
| Christina Correia | CVP , Chief Accounting Officer | 71,494 |
| Vahid Vahedi | Senior Vice President | 276,896 |
| Bethany Mayer | Director | 22,630 |
| Abhijit Y. Talwalkar | Director | 87,142 |
| Eric Brandt | Director | 199,847 |
| Anirudh Devgan | Director | 1,453 |
| Mark Fields | Director | 5,882 |
| Ita M. Brennan | Director | 5,342 |
| Michael R. Cannon | Director | 191,375 |
| John M. Dineen | Director | 9,135 |
| Sohail U. Ahmed | Director | 35,215 |
| Jyoti Mehra | Director | 18,475 |
| Ho Kyu Kang | Director | 9,664 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 Timothy M. Archer | $40.35M | $320.64M | $8.78M | $633 | $430 |
| FY2025 Timothy M. Archer | $28.30M | $14.70M | $8.38M | $161 | $179 |
| FY2024 Timothy M. Archer | $30.14M | $71.75M | $6.93M | $175 | $175 |
| FY2023 Timothy M. Archer | $18.31M | $35.46M | $4.65M | $99 | $111 |
| FY2022 Timothy M. Archer | $16.94M | $10.27M | $4.18M | $72 | $85 |
| FY2021 Timothy M. Archer | $15.50M | $56.86M | $4.17M | $211 | $171 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of August 4, 2026, we had approximately 23,300 regular full-time employees, of which over 26% were engaged in research and development.”
Corporate history
Events identified from SEC filings