Lam Research, Texas Instruments and Western Digital Likely to Post Strong Results, Guidance

Lam Research, Texas Instruments and Western Digital are approaching quarterly earnings reports with expectations for solid results and guidance, as continued artificial intelligence spending is expected to benefit the semiconductor and storage sectors. Lam Research is expected to post a strong quarter and robust guidance when it reports on Oct. 21. The outlook is tied to continued artificial intelligence spending. Texas Instruments is expected to post third-quarter results at the upper end of its guidance range, while its fourth-quarter guidance is expected to exceed Wall Street expectations because of demand and seasonal factors.

Source: TokenPost