After a series of outlook cuts, Nvidia business may no longer be in free fall. The Wall Street consensus estimates for Nvidia (ticker: NVDA ) is for the company to report October quarter revenue of $5.78 billion with adjusted earnings per share of 71 cents. It has been a difficult year for Nvidia. Read More...
Benzinga
Lam Research Acquires SEMSYSCO Enabling Better HPC, AI Solutions
Lam Research Corp (NASDAQ: LRCX) completed the acquisition of SEMSYSCO GmbH, a global provider of wet processing semiconductor equipment, from Gruenwald Equity and other investors. The financial terms of the transaction remain undisclosed. With the addition of SEMSYSCO, Lam gains capabilities in advanced packaging, ideal for leading-edge logic chips and chiplet-based solutions for high-performance computing (HPC), artificial intelligence (AI), and other data-intensive applications. Also Read: Ch