Scalper1 News
Lam Research (LRCX) beat earnings views and guided forecasts higher late Monday despite Intel (INTC) and Taiwan Semiconductor (TSM) capital spending cuts as the chip equipment maker benefits from an industry shift to 3D Nand flash memory. Lam Research earned $1.40 a share excluding various items for the fiscal third quarter ended March 29, beating analyst forecasts by a dime. That’s up 11% from $1.26 a year earlier according to Thomson Reuters. Scalper1 News
Scalper1 News