LRCX - Lam Research Corporation (LRCX) Goldman Sachs Global Semiconductor Conference (Transcript)
2024-05-31 23:25:25 ET
Lam Research Corporation (LRCX)
Goldman Sachs Global Semiconductor Conference
May 30, 2024 10:00 AM ET
Company Participants
Douglas Bettinger - EVP & CFO
Conference Call Participants
Toshiya Hari - Goldman Sachs
Presentation
Toshiya Hari
Good morning, everyone. We'd like to get started. My name is Toshiya Hari. I cover the semiconductor space here in the U.S. Very pleased to have Doug Bettinger, EVP and CFO from Lam Research today. Before I dive into questions.
Douglas Bettinger
First, let me encourage you to take a look at the slide that's behind me. And in front of me, I'll read a little bit. I always like to keep my attorneys happy, these are cautionary statements. I may discuss some forward-looking items. I encourage you to take a look at our safe harbor language.
You can find it on the Investor Relations website at lamresearch.com or at sec.gov. By the way, I don't plan on giving you anything new today. So I don't know that I really need to read this. But anyway, that's out of the way, Toshiya, and we can jump into whatever you would like to talk about.
Question-and-Answer Session
Q - Toshiya Hari
Okay. Great. I think typically, these kind of things are 30, 35 minutes, but we have 45 minutes. I wanted to start off with a softball. So I think you joined Lam in March of 2013?
Douglas Bettinger
You're making me feel old. Yes, that's true. It's now been 11 years.
Toshiya Hari
I think revenue is up 4 times, EPS 10 times.
Douglas Bettinger
It depends on the starting point. If you go to the peak in December 2022, it's actually more than 5 times. Anyway, it's been an amazing time for the company. And we can talk about some of the things for why that has been and why that will continue into the future, I think. The stock is up 22 times to 23 times, I think....
Lam Research Corporation (LRCX) Goldman Sachs Global Semiconductor Conference (Transcript)