Key Insights on Gross Profit: Lam Research Corporation vs Seagate Technology Holdings plc

Lam Research vs. Seagate: A Decade of Diverging Profits

__timestampLam Research CorporationSeagate Technology Holdings plc
Wednesday, January 1, 201420074810003846000000
Thursday, January 1, 201522843360003809000000
Friday, January 1, 201626189220002615000000
Sunday, January 1, 201736033590003174000000
Monday, January 1, 201851650320003364000000
Tuesday, January 1, 201943584590002932000000
Wednesday, January 1, 202046086930002842000000
Friday, January 1, 202168053060002917000000
Saturday, January 1, 202278718070003469000000
Sunday, January 1, 202377769250001351000000
Monday, January 1, 202470527910001546000000
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Unleashing insights

A Tale of Two Giants: Lam Research vs. Seagate Technology

In the ever-evolving landscape of technology, the financial performance of industry leaders offers a window into broader market trends. From 2014 to 2024, Lam Research Corporation and Seagate Technology Holdings plc have showcased contrasting trajectories in gross profit. Lam Research has seen a remarkable growth, with its gross profit surging by nearly 250% from 2014 to 2023, peaking in 2022. This growth underscores its robust position in the semiconductor equipment sector. In contrast, Seagate Technology, a stalwart in data storage solutions, experienced a decline of approximately 60% in the same period, reflecting challenges in adapting to market shifts. The data from 2023 and 2024 highlights a stark divergence, with Lam Research maintaining a strong lead. This comparison not only highlights the dynamic nature of the tech industry but also emphasizes the importance of strategic adaptation in sustaining growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025