The AI boom has created a “golden cycle” for semiconductor devices! Fanlin Group (LRCX.US) Q4 results and Q1 guidance all exceeded expectations

Zhitongcaijing · 3d ago

The Zhitong Finance App learned that semiconductor equipment manufacturer Fanlin Group (LRCX.US) announced better-than-expected results for the fourth fiscal quarter and guidance for the first fiscal quarter, driving the stock price higher after the market on Wednesday, and rose more than 8% as of press time.

Financial reports show that in the fourth fiscal quarter ending June 28, Fanlin Group's revenue increased 30% year over year to US$6.72 billion, better than analysts' average expectations of US$6.66 billion; adjusted earnings per share were US$1.82, better than analysts' average expectation of US$1.69.

The company's CEO Tim Archer said, “As artificial intelligence (AI) -driven demand continues to reshape the semiconductor industry, Fanlin Group achieved record revenue, operating margins, and earnings per share in the June quarter.” He added, “Our strategic investments and technology leadership are helping customers cope with rising manufacturing complexity and driving Fanlin Group to surpass the industry for the third consecutive year in 2026.”

According to reports, the focus of Fanlin Group in the field of semiconductor equipment is biased towards etching, cleaning, graphing and key film manufacturing processes, with a particular focus on high depth to width ratio (HAR) etching/deposition and related process capabilities required for 3D NAND storage. AI-related investments driven by big tech companies are spurring demand for advanced chips and driving growth in semiconductor equipment used to manufacture these chips. Fanlin Group clearly benefits from this.

Looking ahead, Fanlin Group expects revenue to reach 8.1 billion US dollars in the first fiscal quarter ending September 27, far higher than the average analysts' forecast of 7.17 billion US dollars; the adjusted earnings per share are expected to be 2.15 US dollars, which is also higher than the average analysts' forecast of 1.84 US dollars.