|on mad money, Lam guy assures this is NOT 20th boom/bust cycle............................|
"Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
For his "Executive Decision" segment, Cramer again sat down with Martin Anstice, CEO at semiconductor equipment maker Lam Research , which just concluded an analyst day. The company doubled its dividend and boosted its stock buyback program, and shares responded up 4.9% by the close.
Anstice explained that our world has an insatiable appetite for data and data is disrupting every part of our lives. Behind all of that data is silicone and behind silicone is Lam Research, which is helping the world gain insights and take actions from the growing mountain of data being collected.
From climate change and education to autonomous vehicles and smart infrastructure, the key drivers are connectivity, the cloud and costs, Anstice said, and Lam is a leader in all three areas.
We're in a different world, Anstice concluded, noting that Lam is a different company in a different industry than it was decades ago, when everything hinged on PC sales and created huge boom and bust cycles."
crazy cramer has been soooo effusive on chip fundamentals positivity the past few days.
Lam guy confirms he's justified.
RAM & NAND demand will continue to soar as chips are stuffed in everything.
This is nothing like the 20th.
250MB ILine/KrF RAM stick good enough for word processor PCs
250MB (H)eat (D)issipating (D)evice good enough, too.
1Ynm DDR4 way more complex.
Mega-layer, multi-channel NAND, also. Cymer makes a 3D NAND specific light.