Lam Research
Makes machines that carve and etch the tiny circuits on chips.
📖 Its story
David Lam was born in China and worked as an engineer at companies like Texas Instruments and HP. In 1980 he decided to start his own company in California. His machines etch paths on chips that are so tiny you can't see them with your eyes.
💵 How it makes money
It sells machines to chip makers and charges them for spare parts and service.
🤯 Fun fact
Its founder, David Lam, was born in China and worked at Texas Instruments, Xerox and HP before.
👍 The good part
Its machines are key to making chips that keep getting smaller and more powerful.
⚠️ The risk
If chip makers stop building factories or there are problems between countries, its sales go down.
🧠 Did you get it?
In what country was David Lam, the founder of Lam Research, born?
🗂️ Quick facts
- Founded in: 1980
- Founded by: David Lam
- Home: Fremont, California, USA
🔎 How to find it on the stock market
- Search the internet for LRCX stock.
- You can also find it in your parents' investing app with the letters LRCX.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
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