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

Jul. 12, 2012 5:46 PM ETLam Research Corporation (LRCX) StockAMAT, LRCX, TSM, KLAC, NVMI, UTEKBy: Eric Jhonsa, SA News Editor
Lam Research (NASDAQ:LRCX) CEO Martin Anstice tries to calm fears stoked by rival chip equipment maker's Applied Materials' (NASDAQ: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 (NYSE:TSM) difficulties, to eventually grow to a healthy 250K-300K/month. (Needham)

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