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Page 7 of 15
China was down from 24% in the prior quarter, and the reduction was largely attributed to the U.S. government sales restrictions for certain Chinese domestic customers which were put in place in early October of 2022.
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2023 Q3
23 Apr 23
we anticipate a further decline in both NAND and DRAM revenue in the June quarter
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2023 Q3
23 Apr 23
The logic and other segment had continued strength with a contribution of 22% of systems revenue in the March quarter compared with 19% in the prior quarter.
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2023 Q3
23 Apr 23
In foundry conversely, we had a record dollar level of revenue in the March quarter, representing 46% of our systems revenue, higher than the percentage contribution in the December quarter, which was 31%.
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2023 Q3
23 Apr 23
DRAM decreased sequentially, coming in at only 9% of systems revenue
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2023 Q3
23 Apr 23
he NAND segment represented 23% of our systems revenue
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2023 Q3
23 Apr 23
this is the lowest level of memory concentration for us in a decade
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2023 Q3
23 Apr 23
The percentage of systems revenue in memory was 32%, which is a decline from the prior quarter level of 50%.
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2023 Q3
23 Apr 23
This deferred revenue balance reflects the impact of increased customer cash and advanced deposits tied to orders from newer customers, which is offset by the decline related to the completed back orders.
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2023 Q3
23 Apr 23
our deferred revenue balance is higher than historic levels remaining flat with the prior quarter with a balance of $2 billion
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2023 Q3
23 Apr 23
Back orders are now at what I would characterize as normalized levels.
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2023 Q3
23 Apr 23
we are exiting the March quarter having completed shipments for nearly all of our outstanding back order systems
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2023 Q3
23 Apr 23
Systems revenue was the main driver of the decrease given the decline in WFE investments most notably in memory.
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2023 Q3
23 Apr 23
Lam's etch portfolio is on track to win close to 75% share of these EUV patterning applications.
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2023 Q3
23 Apr 23
data-intensive applications such as AI, are still in the early stages of adoption and can have approximately 3x the DRAM and 8x the storage content of a regular server
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2023 Q3
23 Apr 23
Memory customers continue to lower fab utilizations, slow technology conversions and reduce investments
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2023 Q3
23 Apr 23
Foundry-related system revenues achieved record levels, demonstrating our solid progress in both leading edge and specialty technology segments.
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2023 Q3
23 Apr 23
We will benefit first in CSBG before you'll see it in WFE.
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2023 Q3
23 Apr 23
The first thing the industry would do to get output growing again will be to move that utilization back up.
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2023 Q3
23 Apr 23
That will benefit our spares business
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2023 Q3
23 Apr 23