Lam Research reports first-quarter EPS of $2.19
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08:18:35 PM UTC
SquawkNews
By Katherine HamiltonLam Research's sales jumped more than 50% in the fiscal first quarter, as artificial intelligence demand in Asia continued to fuel growth.The semiconductor equipment company on Wednesday posted a profit of $2.75 billion, or $2.19 a share, compared with $1.57 billion, or $1.24 a…