Lam Research pledges $10 million to FIRST Global to inspire future innovators in semiconductor technology and beyond

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FREMONT, Calif., October 17, 2022 /PRNewswire/ — As part of the company’s commitment to enabling transformative learning around the world, Lam Research Corp. (NASDAQ: LRCX) announced a $10 million donation to FIRST® Global, a non-profit organization inspiring science and technology leadership and innovation in young people of all nations through robotics. The contribution, which will be spread over a three-year period, will help elevate and amplify Lam’s commitment to cultivating diverse future talents in science, technology, engineering, and mathematics (STEM).

The donation was announced on stage yesterday at FIRST Global’s flagship annual event, 2022 FIRST Global Challenge in Geneva, Switzerlandby Richard Gottscho, Executive Vice President and Chief Technology Officer of Lam Research, Gold Level Sponsor of this year’s event. The Challenge is an international robotics competition that brings together high school students from over 180 countries to work together to solve the world’s most pressing problems and create solutions that drive home the importance, excitement and applicability of robotics. STEM education. Lam’s contribution will be used to support the challenge until 2025.

FIRST Global enables transformative learning on the global stage,” Gottscho said. “The competition is an important opportunity to showcase and foster the critical thinking needed to address the challenges facing our industry and, more broadly, society. Lam is proud to team up with WORLD FIRST to excite and inspire the semiconductor innovators and technologists of tomorrow.”

FIRST Global was founded with the goal of making science and technology accessible to young people around the world,” said FIRST Global Founder Dean Kamen. “We are thrilled to partner with Lam Research to bring the expertise of a technology leader to this event to spark creativity and develop meaningful learning experiences for attendees around the world.”

The support of FIRST Global by the Lam Research Foundation is guided by the company’s new Social Impact Framework, Propelling Breakthroughs Together, announcement earlier this year. As part of its commitment to significant impact, Lam Research is focused on building communities, inspiring and educating tomorrow’s future innovators, and promoting more inclusive societies. The FIRST The global partnership aligns directly with Lam Research’s efforts to create transformative learning opportunities where curiosity and the power of inspired learning make inroads.

About Lam Research

Lam Research Corporation (NASDAQ: LRCX) is a leading global provider of innovative wafer fabrication equipment and services for the semiconductor industry. Lam’s equipment and services enable customers to build smaller, more capable devices. In fact, almost all advanced chips today are 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 worldwide. Learn more about www.lamresearch.com.

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Laura Bakken
Media Relations
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Aries Ganesh
Investor Relations
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Source: Lam Research Corporation (LRCX-B)

SOURCE Lam Research Society

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