Lam Research reported Q3 adjusted EPS $1.47 and revenue $5.84 bn, topping consensus of $1.35 and $5.73 bn.
The company forecast Q4 revenue $6.60 bn (±$0.4 bn) and EPS $1.65 (±$0.15), beating estimates by 8% and 14% respectively.
Lam raised its 2026 wafer fab equipment spending outlook to $140 bn from $135 bn, reflecting strong AI chip demand.
Shares rose over 1% in pre‑market trading following the beat.