Late Wednesday, Lam Research Inc. LRCX reported strong earnings and its CEO said that artificial-intelligence servers are “fundamental” to driving growth over the next several years.Late Wednesday, Lam Research Inc. LRCX reported strong earnings and its CEO said that artificial-intelligence servers are “fundamental” to driving growth over the next several years.
That comes as Texas Instruments Inc. TXN , which uses its own foundries, said recently that it would keep building out its own capacity even as inventory grows amid declining sales and profits.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: