- Lam Research ( NASDAQ: LRCX ) shares popped 2% Tuesday morning after the semiconductor company acquired Semsysco to expand its advanced packaging capabilities for chips and chiplets.
- Financial terms of the agreement were not disclosed.
- Semsysco is a global provider of wet processing semiconductor equipment. With this acquisition, Lam ( LRCX ) gains capabilities in advanced packaging, ideal for leading-edge logic chips and chiplet-based solutions for high-performance computing, AI and other data-intensive applications.
- The company also gains a state-of-the-art R&D facility in Austria focused on next-generation substrates and heterogeneous packaging.
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Lam Research advances chip packaging with Semsysco acquisition