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Lam Research Announces Plans to Invest More than $3B to Expand Global Lab Network, Increase Innovation Velocity in the AI Era

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FREMONT, Calif., Aug. 13, 2026 /PRNewswire/ — Lam Research Corp. (NASDAQ: LRCX) today announced that it intends to invest more than $3 billion over the next five years to expand its global research and development (R&D) lab network. The planned multi-site expansion is expected to add infrastructure and capabilities to increase experiment capacity by more than 50%. Lam’s R&D approach combines specialized labs worldwide, each purpose-built to accelerate a distinct step of the innovation cycle, with deep customer collaboration that includes locations near customer facilities. Together, Lam’s labs operate as an integrated 24/7 network, enabling innovation in parallel and at scale. With this investment, Lam intends to further compress product development cycles for customers, from pathfinding to fab deployment.

“In the AI era, the pace of innovation is relentless, requiring chips with new architectures, different materials, and complex features engineered with nanoscale precision. Our ability to increase velocity throughout the R&D process has become a decisive advantage,” said Tim Archer, president and chief executive officer of Lam Research. “We are investing with the intention of staying ahead of what our customers need, further strengthening our global innovation engine to deliver the next generation of semiconductor breakthroughs.”

Lam’s global lab network spans the United States, Asia, and Europe. The combined R&D infrastructure supports more than one million experiments annually. Facilities specialized for foundational research in new chemistries, materials and mechatronics have the capability to compress weeks of experimental work into as little as a few days in many cases. Process development labs carry those advances toward production readiness, with engineering, product development and manufacturing teams working side by side on the same tools. Located in proximity to customers, Lam’s technology centers support rapid qualification and validation alongside customers’ engineering teams.

The integrated lab network enables tools, data and expertise to be shared across locations and time zones, so a discovery in one lab becomes knowledge every lab can use. In recent customer engagements, this approach has enabled Lam to shorten process development up to 2.5 times.

“Congratulations to Lam on this investment. Micron is proud to work with Lam as we advance memory and storage solutions that power the AI ecosystem,” said Scott DeBoer, executive vice president and chief technology and products officer at Micron Technology. “Our longstanding collaboration with Lam continues to drive innovation in leading-edge front-end and advanced packaging technologies, and we look forward to building on this momentum to scale AI across the semiconductor ecosystem.” 

“Wafer-level semiconductor device processing is the backbone of all semiconductor ecosystems and the enabler of subsequent chip technology advancements,” said John West, chief analyst, Semiconductor Equipment at Yole Group. “AI-related investment is lifting demand for deposition and etch intensity. Lam Research’s etch, deposition, and advanced packaging wafer fabrication equipment innovations along with new EUV/DUV lithography technologies have helped to enable the production of semiconductor devices with the right combination of power consumption, performance, price, and form factor to unlock the AI revolution. Sustaining this momentum will require the semiconductor ecosystem to innovate faster, compress development cycles, and scale new technologies into manufacturing more quickly.”

Lam plans to begin expanding the global lab network this year with the goal of increasing innovation velocity.

Additional Media Resources

Lam Blog, How Deposition and Etch Are Reshaping Chips for the AI EraVisit Lam’s Media Center for images and visual assets

About Lam Research
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam’s equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research is a FORTUNE 500® company headquartered in Fremont, California, with operations around the globe. Learn more at www.lamresearch.com.

Caution Regarding Forward-Looking Statements
Statements made in this press release that are not of historical fact are forward-looking statements and are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to, but are not limited to: our intention to invest more than $3 billion in the next five years to expand our R&D lab network across multiple sites, compress product development cycles for customers, and stay ahead of customer needs and strengthen global innovation to deliver the next generation of semiconductor breakthroughs; our expectation to add infrastructure and capabilities to increase experiment capacity by more than 50%; our ability to accelerate the innovation cycle; the requirement in the AI era for chips with new architectures, different materials, and complex features; the advantages associated with our ability to increase velocity throughout the R&D process; the effects of Micron’s relationship with Lam; Yole Group’s views regarding AI-related investment lifting demand for deposition and etch intensity and that sustaining momentum will require faster innovation, development cycles, and new technology scaling; our plan to begin expanding our lab network with the goal of increasing innovation velocity; and our unwavering commitment to customers. These statements are not a guarantee of future performance and involve a number of risks, uncertainties, and other factors that could cause our actual results or outcomes, or the timing of our results or outcomes, to differ materially from those expressed or implied in this press release. Such risks, uncertainties, and other factors include: our ability to successfully execute the planned expansion of our global R&D lab network; our ability to achieve the anticipated benefits of our investments in R&D infrastructure; the timing, cost, scope, and anticipated benefits of planned R&D investments may differ from our expectations; business, economic, political and/or regulatory conditions in the consumer electronics industry, including wafer fabrication equipment spending, the semiconductor industry and the overall economy may deteriorate or change; the actions, performance, or investment levels of our customers and competitors may be inconsistent with our expectations; customer and product mix, including across market segments and geographical regions, may change; we may be unable to effectively manage and implement pricing actions, realize the value of our products and technology, successfully commercialize new products and technologies, or execute on perceived opportunities; we may be unable to achieve anticipated operational, manufacturing, supply chain, procurement, and scale efficiencies; customer technology transitions, capacity expansions, and fab construction projects may have different timing or be less successful than we expect; we may be unable to manage operating expenses effectively while continuing to invest in R&D, product innovation, customer support, and future growth opportunities; trade regulations, export controls, tariffs, trade disputes, and other geopolitical developments may inhibit our ability to sell our products; supply chain cost increases, tariffs, and other inflationary pressures have impacted and may continue to impact our profitability; supply chain disruptions or manufacturing capacity constraints may limit our ability to manufacture and sell our products; natural and human-caused disasters, disease outbreaks, war, terrorism, political or governmental unrest or instability, or other events beyond our control may impact our operations and revenue in affected areas; as well as the other risks and uncertainties that are described in the documents filed or furnished by us with the Securities and Exchange Commission, including specifically the Risk Factors described in our most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. You should evaluate all forward-looking statements made in this press release in the context of these risks, uncertainties, and other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are based on our, Micron, or Yole Group’s current beliefs, expectations, and assumptions about future events. Except as required by law, we undertake no obligation to update the information or statements made in this press release.

Company Contacts
Laura Bakken
Public Relations
(510) 572-9021
publicrelations@lamresearch.com 

Ram Ganesh
Investor Relations
(510) 572-1615
investor.relations@lamresearch.com

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SOURCE Lam Research Corporation

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Karsan Autonomous e-ATAK Begins Passenger Service at the World-Famous Efteling Theme Park

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ISTANBUL, Aug. 15, 2026 /PRNewswire/ — Developing advanced transportation solutions with its vision of staying one step ahead in the future of mobility, Karsan is further strengthening its global leadership in autonomous public transportation with another landmark project. As part of the project launched at the world-renowned Efteling theme park, Karsan Autonomous e-ATAK began carrying passengers on August 12, 2026, connecting Efteling’s main public transport hub with hotels, accommodation facilities and visitor amenities in the area. Commenting on the project, Karsan CEO Utku Ayyarkın said: “We are extremely proud that Karsan Autonomous e-ATAK has become the first autonomous bus to operate on public roads in the North Brabant region of the Netherlands. Following our operation at Rotterdam The Hague Airport, this second autonomous deployment in the Netherlands further strengthens our position in Europe with another important reference project. The fact that Autonomous e-ATAK has been selected for Efteling, a globally recognized destination welcoming millions of visitors every year, is an important testament to the maturity of our technology and the confidence our partners place in Karsan. At Karsan, we do not simply anticipate the future of mobility; we make our advanced technology solutions part of everyday life. Through autonomous projects implemented across different countries and use cases, we are turning the future of public transportation into reality today. We will continue to lead the wider adoption of autonomous public transportation, particularly across Europe and on a global scale.”

One of the pioneering brands driving the transformation of electric and autonomous public transportation in Europe, Karsan is adding another real-world deployment to its portfolio of advanced mobility solutions. Autonomous e-ATAK, which began operating at Efteling, one of the Netherlands’ leading tourist destinations, will serve a route of approximately 6 kilometers. The vehicle will carry passengers between Efteling Hoofdingang and Wonderhotel stops in mixed traffic using SAE Level-4 autonomous driving technology.

Designed to be accessible to passengers with disabilities and offered free of charge, the service will connect Efteling’s main public transport hub with hotels, accommodation facilities and visitor amenities in the surrounding area. In doing so, the project will support not only the advancement of autonomous technology but also a more accessible, inclusive and sustainable approach to mobility.

A Landmark Collaboration for Autonomous Mobility at Efteling!

The official launch of the project took place at Efteling on August 10, 2026. Representatives from Efteling, Arriva, Province of North Brabant, the Municipality of Loon op Zand, Netherlands Vehicle Authority (RDW) and Dutch Automated Mobility, attended the launch ceremony. Covered by Dutch national and trade media, the event brought together public authorities, technology companies and public transport operators for an important milestone in autonomous mobility. Implemented through the collaboration of Karsan, Arriva, the Province of North Brabant, the Municipality of Loon op Zand, SmartwayZ.NL, Dutch Automated Mobility, Applied Autonomy and ADASTEC, the project stands out as a compelling example of strong public-private cooperation shaping the future of autonomous mobility in Europe. 

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SOURCE KARSAN OTOMOTİV SAN.VE TİC.A.Ş.

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5 Cloud Engineering Career Lessons The Apex Institute Teaches on “The 1% Move”

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Host Tayo Lusi, founder of The Apex Institute, breaks down the recurring lessons behind cloud engineering careers that pay $300K to $500K.

The five cloud engineering career lessons tech professionals take from The 1% Move podcast are: pick one high leverage skill, build proof instead of collecting certificates, describe your work in money rather than tools, understand that positioning sets the offer before the interview, and interview while you still have a job.

BOWIE, Md., Aug. 15, 2026 /PRNewswire/ — Plenty of skilled tech professionals sit at $120,000 to $150,000 for years. They are not bad at their jobs. Most are good engineers. But engineering and career positioning are two different skills, and almost nobody teaches the second one.

That gap is why Tayo Lusi started The 1% Move, a weekly podcast where he talks with cloud engineers, hiring managers and career coaches about what actually moves someone from a comfortable salary to a life changing one. The first episode releases Tuesday, August 18, 2026. Five lessons keep surfacing in these conversations. Here they are, in plain language.

What is the first career lesson for tech professionals?

Pick one high leverage skill, not five. The market does not pay for a long list of tools. It pays for depth in one area that costs a company real money when it breaks.

Most people collect. A certificate here, a course badge there, and eventually a resume full of logos with no real depth anywhere. Depth is what gets priced.

Right now that depth lives in cloud infrastructure. It is the layer everything else sits on top of, and when it fails the cost is immediate and expensive. The U.S. Bureau of Labor Statistics projects continued growth in computer and information technology occupations through the decade, and the roles nearest the infrastructure are the hardest ones to fill.

The fix is easy to say and hard to do. Choose one lane and go twelve months deep before adding anything else. If you are not sure which lane, the free Cloud Engineering Career Path Roadmap lays out the four highest leverage options and what to learn in what order.

Why does proof beat certificates in a tech job search?

 2. Proof beats certificates. A certificate says you studied something. A working project says you made decisions under pressure on a real system, which is what hiring managers are actually buying.

Hiring managers feel this difference even when they cannot explain it. Two candidates look similar on paper, and one of them still feels more trustworthy. The gap is almost always proof.

A built project that solved a real problem outweighs any badge, because it shows judgment rather than memory. The action step is direct. Build and document three real projects, and for each one write down the problem, the fix and the result. That is the difference between a resume that gets skipped and one that gets a callback. The free Cloud Project Portfolio Blueprint covers the five tests a project has to pass before it counts as evidence.

How should engineers describe their work to get paid more?

     3. Talk about your work in money, not tools. Saying you used a tool tells a hiring manager almost nothing. Saying you cut deploy time and saved the team hours every week tells them everything.

This is where Tayo says most engineers lose the most value, and it has nothing to do with their skill level. One sentence is a tool name. The other is a business outcome. Companies do not hire tools. They hire outcomes.

The action step is to rewrite every resume line as an outcome with a number attached. Not what you touched. What changed because you touched it.

“The gap between a $150K engineer and a $350K engineer is usually not talent,” Tayo said. “It is proof and positioning. That is fixable in months, not years.”

Is the salary offer decided before the interview?

     4. Mostly, yes. Positioning, referrals and how you showed up early in the process quietly set the range before anyone says a number out loud. Negotiation usually moves the final ten percent, not the whole offer.

This one surprises people the most, because it means the highest leverage work happens before the calendar invite exists. It happens in the relationships you built and the proof you carried into the room.

That does not make negotiation optional. The last ten percent of a $300,000 offer is $30,000, and most people leave it on the table because they freeze on the call. The free Tech Salary Negotiation Scripts give you word for word language for every stage of that conversation.

Why should you interview when you do not need the job?

     5. Because desperation prices you low. Most people only interview after they lose a job or cannot stand the current one. Interviewing while employed gives you real market data instead of a guess.

Take two interviews a quarter, even while employed, even while happy. Not to leave. To learn what someone with your skill set is worth this quarter, rather than finding out once a year during a review written by someone with a fixed budget.

If you do not know your number going in, start with the free Cloud Engineering Salary Benchmark, which shows you where to pull your real range from primary sources in about thirty minutes.

What do these lessons look like on the podcast?

Each episode is one guest and one real story. Tayo sits down with a cloud engineer, hiring manager or career coach and walks through how one of these lessons played out in their own career, and what changed after.

The format stays simple on purpose. No panels, no filler. One person, one turning point, and the specific decision that moved their income.

“Every guest on the show says a version of the same thing,” Tayo said. “The money moved when they changed how they talked about their own work.”

Where can you listen to The 1% Move?

The 1% Move releases new episodes weekly starting Tuesday, August 18, 2026, on Apple Podcasts, Spotify and YouTube.

Episodes cover cloud engineering career growth, the modern AWS career path and practical tech career advice from people who have lived it.

Listen to the podcast now: Apple Podcasts  |  Spotify  |  YouTube

Take the next step

Know your number before your next review. Get the free Cloud Engineering Salary Benchmark and see what your skills are worth on the open market.

Ready to move faster? Book your free career strategy call

About The Apex Institute

The Apex Institute is a career accelerator that trains professionals in cloud engineering and AI infrastructure skills. The program is led by founder Adetayo Ibijemilusi, known online as Tayo Lusi, a certified cloud engineer and career coach. Students have reported more than $11 million in job offers to date across 41 people. Individual results vary and are not typical. Learn more at apexedu.io.

Media Contact
Tayo Lusi
contact@apexedu.io

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SOURCE The Apex Institute

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Meant Launches as LegitScript-Certified GLP-1 Telehealth Platform with Included Coaching and Supplement Kit

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MANASSAS, Va., Aug. 15, 2026 /PRNewswire/ — Online weight-care programs are everywhere right now, and it isn’t always easy to tell which ones have real clinical oversight behind them. Meant enters that space as a LegitScript-certified telehealth platform, pairing GLP-1 treatment with clinical evaluation, ongoing coaching and a supplement kit – all part of one program.

How Telehealth Is Changing Access to Weight Care?

Telehealth makes it easy to see a provider without leaving home, and that convenience is a big reason more people are exploring GLP-1 treatment. But convenience alone isn’t enough – people also want support that continues after the first visit, which is where Meant’s program comes in: an assessment, a provider review, treatment for those who qualify, a Care Coach and a supplement kit, all built into one plan.

Clinical decisions are handled by OpenLoop Health, whose licensed providers review each patient’s history, decide who qualifies and hold the final call on whether to prescribe. Nothing here is automatic, and treatment isn’t guaranteed for every applicant. That review is only one part of the program – Meant pairs it with coaching for the parts of a weight-care journey a prescription alone doesn’t cover.

What’s Included in the Program?

Personalized Clinical Evaluation: An online health assessment, reviewed by a licensed provider, to help determine whether GLP-1 treatment may be a fit.Ongoing Care Coaching: A private Care Coach who stays with patients throughout the program for guidance and support.Integrated Wellness Support: A supplement kit included with every plan, alongside medication and coaching when clinically appropriate.

Where to Learn More?

Anyone curious about how the assessment works, what the coaching looks like, or how the program is put together can find more details at Meant.

About Meant

Meant is a health and wellness technology company built around personalized GLP-1 weight-care support, delivered through telehealth. The platform brings together an online clinical assessment, licensed oversight through OpenLoop Health, ongoing Care Coach support and supplemental wellness resources. Meant itself does not diagnose or prescribe – that side of care is handled by its clinical partners.

Meant. health, inc.
support@meant.health
1-512-879-9187
10199 Dean Drive, Manassas, VA 20110, USA.

 

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SOURCE Meant

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