Lam Research (LRCX) CEO Martin Anstice tries to calm fears stoked by rival chip equipment...

|About: Lam Research Corporation (LRCX)|By:, SA News Editor

Lam Research (LRCX) CEO Martin Anstice tries to calm fears stoked by rival chip equipment maker's Applied Materials' (AMAT) FY12 warning, stating he hasn't seen a major drop in demand. Anstice adds he expects production of 28nm wafers, currently supply-constrained due to TSMC's (TSM) difficulties, to eventually grow to a healthy 250K-300K/month. (Needham)