bearish

LRCX. Memory Bites. Hard

378 Views23 Apr 2023 13:39
With ~2x exposure to memory compared to its peers, LRCX is feeling the pain.Q1 revenues of  $3.87 billion were -26.7% sequentially and -4.4% YoY. Q2 revenues to decline ~ 20% to $3.1 billion.
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