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Uncertainty continues to cloud the semiconductor sector, with investors wary of the potential impacts of stricter US export controls and President Trump's proposed tariffs.
Despite these concerns, Doug Bettinger, CFO of Lam Research (LRCX), points out that current regulations don't seem to impact demand significantly.
"The government regulations that are there kind of feel like we're in a steady-state pattern right now," Bettinger explains in reference to the impact of government regulations on demand.
Bettinger emphasizes a strong outlook for the year, driven by investments in artificial intelligence (AI), which he believes will continue to require significant semiconductor content.
Despite challenges, Bettinger remains confident in future growth, citing the importance of constant innovation in chip technology. "All of our customers are moving to that next process node to get the next level of performance," he states, citing AI as the main driver of this.
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"The demand for semiconductors, broadly speaking, is quite good this year," Bettinger adds.
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This post was written by Josh Lynch