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Lam Research (LRCX) Expands Footprint Amid Industry Momentum
Lam Research has expanded its footprint by opening a new 9,200 sq. ft. office in Boise, Idaho, to support its operations near Micron Technology, a key customer. The new facility will accommodate around 150 employees and focus on collaborative research, development, and manufacturing of advanced memory chips. Additionally, Lam Research’s Board of Directors approved a quarterly cash dividend of $0.26 per share, maintaining the payout level first declared in September 2025.