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Lam Research to invest ₹10,000 crore for India silicon plant

Lam Research says it will invest ₹10,000 crore to build India’s first silicon component plant for exports, while exploring SiC/GaN fabrication and packaging. Bank of America lists LRCX as a top semiconductor equipment pick tied to a chip-momentum and wafer-fab demand rebound.

LRCX

Lam Research Corporation (NASDAQ:LRCX) is investing ₹10,000 crore to build India’s first silicon component plant focused on exports. The company is also exploring SiC/GaN fabrication and packaging, while Bank of America names LRCX a top semiconductor equipment pick if chip momentum and wafer-fab demand rebound.