08/15/2024 | Press release | Distributed by Public on 08/15/2024 11:33
Lam Research specializes in wafer fabrication equipment, which means the chips in most end-market devices consumers use today-satellites, cars, smartphones, electric toothbrushes, just about anything with a microchip-can be traced back to the tools and services Lam provides. Today, we supply cutting edge tools that aid our customers at the front lines of innovation, helping make the new era of artificial intelligence, augmented reality, and electric vehicles possible.
Our customers are key players in three major categories for integrated circuit manufacturers: memory, foundry, and logic.
Let's break down the three major markets and explain Lam's role in helping sustain growth and development in these key areas.
The memory market includes companies that make memory chips in both non-leading and leading-edge tech. Samsung, SK hynix, Kioxia, and Micron are examples of Lam customers that produce memory chips. Memory chips can be further segmented into DRAM and NAND.
The memory market segment is driven by advancements in artificial intelligence and the widespread use of 5G and IoT (internet of things) devices globally. Global Market Insights reports the memory semiconductor market was valued at $150 billion in 2023 and its value is projected to grow to $400 billion by 2032.
Memory is an important market for Lam as memory chip consumption will continue to increase. What sets us apart from our competition in this segment is our large selection of advanced memory solutions.
Lam's tools that aid in the development of advanced memory include:
A foundry is a company that manufactures semiconductor products as a service but does not design chips. Companies like Apple, NVIDIA, and Qualcomm employ foundries to produce their chips.
Lam's foundry customers include TSMC, GlobalFoundries, Samsung, Intel, and others. We provide these companies with reliable tools and custom specifications that enhance their manufacturing process.
Lam has a large portfolio of tools used in foundries around the world. A few of our tools used in foundries include:
The logic segment includes companies that design or manufacture logic chips, such as CPUs (central processing units). A logic integrated circuit (IC) implements a basic logical operation that is performed on one or more digital input signals.
Logic chips are constantly evolving and are used to enable leading-edge tech, such as augmented reality and electric vehicles.
Statista's semiconductor logic market revenue report predicts revenues from logic components in 2024 will grow to $191.7 billion, a 9.6% increase from 2023. Some top priorities for manufacturing in this segment include yield consistency and cost efficiency.
The Lam tools our customers use in the manufacturing of logic chips include: