Lam President and CEO Martin Anstice spoke with Squawk Alley about the semiconductor roadmap, silicon device demand, and Lam’s role in tech innovation. Here we share a few highlights of that live interview, held on April 21, 2017.
Martin described the broad trends – such as ubiquitous connectivity, storage capacity, the cloud, and advanced computation – that are driving demand for semiconductors and, in turn, for wafer processing capital equipment. “We all talk about neural computing, IoT roadmaps, smart infrastructure, smart agriculture, and predictive medicine. That entire applications world is made possible by a silicon roadmap, and Lam Research is sitting right at the center.”
This new generation of innovation and the pace of change in the semiconductor industry are driving enormous opportunity. Martin provided insight into the long-term prospects: “The technology roadmaps of our customers run for many, many more years, and I think we’re right on the cusp of one of the most exciting periods in the technology industry and the semiconductor roadmap, the silicon device, and the industry of capital equipment. There are always ups and downs along the journey in this industry, but we’re super excited about where we are today, where we’ve come from, and the opportunity in front of us.”
Lam remains focused on customer trust, consistent execution, and a collaborative culture, which are all integral to fostering innovation and delivering enabling solutions. According to Martin: “We’ve worked really hard to build a product and services portfolio that’s more enabling and more critical to the success of our customers than ever before.”
The future of the semiconductor industry is bright. As Martin said, “The sustainability of innovation is defined by the performance of smart interconnect and computation and storage. That’s the world that we live in, and we’re really excited about those trends.”
To watch the video of Martin’s interview, please visit the CNBC Squawk Alley website.