Lam Research Corporation (LRCX) Tim Archer Presents at Credit Suisse 24th Annual Technology Virtual Conference (Transcript)

Lam Research Corporation (NASDAQ:LRCX) Credit Suisse 24th Annual Technology Virtual Conference December 1, 2020 10:50 AM ET

Company Participants

Tim Archer – President & CEO

Conference Call Participants

John Holland – Lam Research Corporation, Etch

Question-and-Answer Session

Q – John Holland

Great. Why don’t we go ahead and get started. I’d like to welcome everyone to the fireside chat. It’s my pleasure this morning to introduce Tim Archer, the Chief Executive Officer of Lam Research. We have about 30 minutes in this session to go through Q&A. I’ll kick things off. If you have any questions from the audience, please feel free to email them to me and I’ll to incorporate them in.

But with that Tim, I want to first thank you for participating again at this year’s conference. I wish it wasn’t virtual and that we were in the desert but such is life in 2020. I always

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a group of people in a room: People wait in line to get a 15-minute rapid Covid-19 test on November 24, 2020 in Madison, Wisconsin.


© Provided by CNBC
People wait in line to get a 15-minute rapid Covid-19 test on November 24, 2020 in Madison, Wisconsin.

The use of technology is going to make health care “almost free around the world,” according to venture capitalist Tim Draper.

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People wait in line to get a 15-minute rapid Covid-19 test on November 24, 2020 in Madison, Wisconsin.

Andy Manis | Getty Images News | Getty Images

The use of technology is going to make health care “almost free around the world,” according to venture capitalist Tim Draper.

“Health care is completely going digital,” he told CNBC’s Dan Murphy during a panel discussion at FinTech Abu Dhabi, which was held virtually this year.

“That’s going to create health care that is almost free around the world,” said the founder and managing partner of early-stage venture capital firm, Draper Associates.

Ibrahim Ajami of Mubadala Investment Company, one of Abu Dhabi’s sovereign wealth funds, said the coronavirus has led to “probably the most significant acceleration of technology … we will witness in our lives.” The role of technology in health care has changed, he said.

“Everything from clinical trials to drug discovery,

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National Espresso Day is today, November 23, making it the perfect day to indulge in some coffee.

Major coffee chains including Caribou Coffee and Tim Hortons have ongoing offers for free and discounted coffee—and when better to make the most of these deals than National Espresso Day?

Alternatively, if you prefer your coffee at home, there are also deals to be had on coffee machines and equipment, with brands like Illy and Nespresso offering free shipping.

If you can’t make it out to a coffee shop this National Espresso Day, plenty of online coffee stores like Cafe Vita and Crazy Mocha are offering customers deals on coffee, mugs, merchandise, shipping, and more, with the discounts and promo codes listed below.

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Topline

Epic Games CEO Tim Sweeney said Wednesday his company’s legal battle with Apple is an act of “civil disobedience” reminiscent of the civil rights movement, escalating the company’s rhetoric against Apple as the Fortnite-maker fights the tech giant’s App Store fees.

Key Facts

At the New York Times DealBook Online Summit on Wednesday, Sweeney said in an interview paying Apple’s 30% fee on in-app purchases would be “colluding with Apple through strained competition on iOS and to inflate prices for consumers.”

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World wide web inventor Tim Berners-Lee speaks at a 2019 conference.

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Stephen Shankland/CNET

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With photographer Matt Abad, Sykes cofounded the non-profit Karmagawa, which harnesses social media channels to fight racism, serve meals, recycle plastic, save endangered species, and build schools. In just a few short years, Karmagawa’s Instagram profile has attracted 1.2 million followers, many of whom pledge financial support.

What inspired Sykes to focus his efforts on philanthropy? He says, “I

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Tim Cook takes shots at Google, NSA during speech on privacy and encryption

Tim Cook believes Apple has a moral obligation to protect its users’ privacy, and he’ll got to any lengths to let you know it—even if it means taking shots at fellow Silicon Valley power players like Google, Facebook, and Yahoo.

“Like many of you, we at Apple reject the idea that our customers should have to make tradeoffs between privacy and security. We can, and we must provide both in equal measure. We believe that people have a fundamental right to privacy. The American people demand it, the Constitution demands it, morality demands it,” Cook said during his speech at the EPIC civil liberties event in Washington, D.C. this week, was he was the first business leader ever to be honored. 

The Apple CEO quickly took aim at the tech companies that have made billions out of selling off personal user data to advertisers—from search queries to email content to

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