➀ Lam Research reported strong Q2 results with revenue of $5.17B and EPS of $1.33, but expects flat H2 performance and an uncertain 2026 outlook.

➁ China accounts for 35% of Lam's revenue (vs. 6% for the U.S.), highlighting geopolitical risks and America's lag in semiconductor manufacturing investments.

➂ Semiconductor equipment stocks (e.g., LRCX, ASML, AMAT) face profit-taking pressures due to AI-driven overvaluation and softening industry fundamentals.

Lam Research has introduced an atomic layer deposition (ALD) machine named ALTUS Halo, which utilizes molybdenum. The use of molybdenum in this machine reduces resistance by 50% compared to tungsten, ultimately accelerating application speed, according to Tae-Soon Park, Director of Lam Research, during a press conference at Semicon Korea.