**Lam Research Corp. Analysis**

In the realm of semiconductor production, one company stands out as a crucial supplier of wafer fabrication equipment and services: Lam Research. Their comprehensive portfolio encompasses a diverse range of products, catering to various stages of the manufacturing process. From depositing thin films to etching with precision, stripping photoresist, and meticulously cleaning wafers, Lam’s solutions are indispensable to the creation of these microscopic marvels.

Through strategic expansion, including the pivotal merger with Novellus Systems in 2012, Lam has successfully broadened its market reach. Today, the company’s offerings account for approximately 34% of the total expenditure on wafer fabrication equipment within the industry. This notable achievement is a testament to Lam’s commitment to innovation and customer satisfaction, as echoed by industry experts such as James Kelleher, CFA.

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