$LRCX just released its earnings report. The quarterly revenue reached $3.87B, exceeding guidance, with a gross margin of 48.5%. Notably, the customer support segment saw a 22% sequential growth, indicating improved utilization in memory fabs. However, DRAM reduced to 19% of systems revenue due to declining mature node investments. In a positive outlook, the company anticipates increased spending in both NAND and DRAM as AI influences technology upgrades.