Lam Research's revenue grew steadily in the first three quarters of 2023

Lam Research's revenue in the first three quarters of 2023 was US$3.87 billion, US$3.21 billion, and US$3.48 billion, respectively, with gross profit margins of US$1.606 billion, US$1.458 billion, and US$1.655 billion, respectively. In the third quarter, the company's revenue from China accounted for 48%, and the demand for Chinese equipment market is boosting the company's revenue performance.