Lam Research to Invest $1.2 Billion in India's Semiconductor Ecosystem

Feb 12, 2025

Lam Research, a leading American chip equipment manufacturer, has announced plans to invest over 100 billion rupees (approximately $1.2 billion) in southern India's Karnataka state. This investment is part of India's ongoing efforts to strengthen its semiconductor ecosystem.

The company revealed this plan during the "Invest Karnataka" event, highlighting its commitment to expanding its presence in the region. Lam Research has signed a Memorandum of Understanding (MoU) with the Karnataka Industrial Areas Development Board (KIADB) to facilitate this investment.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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