Lam Research (LRCX) will announce its quarterly earnings on October 23, 2019, and Applied Materials (AMAT) the following month on November 14, 2019. Both companies make equipment used to manufacture semiconductor devices. While private and institutional investors often own both individual stocks, this article presents a comparative analysis of both companies.
Table 1 shows that both companies have comparable profitability, with LRCX reporting better net margins. Since these figures are a percentage of revenue, my focus of this article is on revenues, which are based on the technological prowess of the company. This, in turn,