https://www.live-feeds.com/feed/lam-research-slides-even-as-q1-results-and-guidance-top-wall-street-s-forecast-lrcx-nasdaqContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/lam-research-slides-even-as-q1-results-and-guidance-top-wall-street-s-forecast-lrcx-nasdaqhttps://www.live-feeds.com/feed/lam-research-slides-even-as-q1-results-and-guidance-top-wall-street-s-forecast-lrcx-nasdaq#u153004Sun, 25 Oct 2026 05:24:10 +0000Lam Research reported record Q1 revenue of $8.22 billion and non-GAAP earnings per share of $2.20, beating Wall Street's forecast. Despite this, the stock fell, with some analysts questioning the earnings quality. The company's guidance for the December quarter also topped expectations, but investors seemed unimpressed. Lam Research's revenue grew 54% year-over-year, driven by demand for artificial intelligence and advanced semiconductor manufacturing equipment.Why it mattersLam Research is a leading manufacturer of semiconductor equipment, and its results are seen as a bellweth