Lam Research Corporation
Lam Research Corporation Increases Revolving Credit Facility
Summary
On January 27, 2025, Lam Research Corporation entered into a Third Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., increasing its revolving unsecured credit facility from $1.5 billion to $2.0 billion, with an expansion option up to $2.750 billion. The agreement includes customary financial covenants and events of default. No amounts were outstanding under the facility as of January 27, 2025.
Profitelligence Alerts
Get alerts for LRCX
Be first to know when Lam Research Corporation files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About Lam Research Corporation
Lam Research Corporation is a leading supplier of semiconductor processing equipment used in the fabrication of integrated circuits. Renowned for its innovation in wafer fabrication, Lam Research focuses on developing advanced technology solutions that enable critical processes such as plasma etch and deposition, which are essential for manufacturing chips found in a wide range of electronic devices. The company's equipment plays a pivotal role in the production of memory and logic devices, foundational to computing, communications, and consumer electronics sectors. With a global presence, Lam Research collaborates with semiconductor manufacturers to enhance yield and improve performance, ensuring next-generation chip technologies meet the demands of modern applications. As the semiconductor industry continues to expand and evolve, Lam Research remains integral to driving advancements and efficiency improvements in chip production, thereby maintaining its strategic significance within the technology supply chain.
Official SEC Documents
Advertisement