Lam Research Expands in India: A Strategic Hedge Against Trade Risks?

Key Takeaways LRCX boosted Q3 capex by $100M, driven by land purchases for planned lab and manufacturing in India. India expansion aligns with LRCX's strategy to diversify supply chains amid rising geopolitical risks. New India facility strengthens Lam's global footprint alongside sites in the U.S., Austria, and Malaysia.Lam Research Corporation (LRCX) is expanding its global footprint, and its new destination is India. In the third quarter of fiscal 2025, the company reported capital expenditures of $288 ...