Lam Research Corporation (NASDAQ:LRCX) Morgan Stanley Technology, Media and Telecom Conference 2022 March 7, 2022 7:10 PM ET
Company Participants
Doug Bettinger - Executive Vice President & Chief Financial Officer
Conference Call Participants
Joe Moore - Morgan Stanley
Joe Moore
All right. Welcome back, everybody. I'm Joe Moore. Very happy to have with us today the CFO of Lam Research, Doug Bettinger. I think Doug is going to read a brief Safe Harbor, and then we'll go right into Q&A.
Doug Bettinger
Yeah, I'm going to read the brief Safe Harbor. But I would point out, this won't be a discussion of innovation this year, or maybe it will be, but yeah. Thank you.
Just real quick, I'd like to keep my attorneys happy. Let me read the Safe Harbor real quick. Today's discussion may include forward-looking statements subject to risks and uncertainties. Actual results may differ materially. Additional information concerning factors that could cause actual results to differ materially from these forward-looking statements can be found in the risk factors disclosed in our public filings with the SEC, including our most recent 10-K and 10-Q. Thank you.
Question-and-Answer Session
Q - Joe Moore
Great. Maybe we could just start out talking about the size of overall WFE. We started last year thinking it was a mid-60s year, at least for me. We ended up obviously quite a bit higher than that. And actually at this conference, one of your competitors was talking about $100 billion WFE. And kind of hypothetically, people like that's crazy and something here we are a year later, we're --
Doug Bettinger
And here, that's what we see.
Joe Moore
Yeah. So it's a big number. You've always felt good about your business and you've sort of felt like there is a rising tide with WFE. But that $100
- Read more current LRCX analysis and news
- View all earnings call transcripts