$AMD has announced the appointment of Abhi Y. Talwalkar to its BoD. He currently serves on the boards of $LRCX, iRhythm Technologies, Inc., and $TEL. Additionally, the company has increased the annual base salary of CFO Devinder Kumar, SVP James R. Anderson and CTO Mark D. Papermaster, effective July 1, 2017.

$LRCX announced that Dr. Young Bum Koh has joined its BoD, effective May 10, 2017. Dr. Koh has previously held many executive positions at Samsung Electronics Co, Ltd in South Korea.

$LRCX entered into accelerated stock repurchase agreements. This is as part of its $1Bil stock repurchase program. The stock repurchase program is targeted to be completed within 12 to 18 months from the date of its announcement on Nov. 18, 2016. $LRCX will make upfront $500MM to Counterparties in exchange for about 2.6MM common shares.

$LRCX entered into accelerated stock repurchase agreements with BNP Paribas and Citibank to repurchase an aggregate of $500MM of its common stock. $LRCX will buy its common stock as part of its $1Bil stock repurchase program (and, with anticipated annual dividends, amounting to a $1.3Bil capital return program).

For 4Q17, $LRCX sees shipments in the range of $2.4-2.6Bil and revenue in the range of $2.2-2.5Bil. The company expects its GAAP EPS to be $2.61-2.85 and non-GAAP EPS to be $2.88-3.12 for 4Q17.

For 3Q17, semiconductor equipment maker $LRCX recorded a 25% sequential growth in its shipment to $2.41Bil. Revenue for the quarter totaled $2.15Bil, up 64.1% from $1.31Bil last year.

$LRCX posted higher earnings in 3Q17, partly benefited from an income tax benefit on the conclusion of tax matters primarily related to a prior business combination. Net income climbed to $575MM, or $3.10 per share, from $143.4MM, or $0.82 per share, in last year's third quarter. On a non-GAAP basis, the company posted earnings of $2.80 per share.

For 3Q17, $LRCX expects its revenue to be approx. $2.125BIl. The company expects it net income per diluted share to be approx. $2.31.

$LRCX reported higher 2Q17 earnings results. Net income rose to $332.8MM, or $1.81 per diluted share compared to $264MM, or $1.47 per diluted share during 2Q16. Revenues rose 15% YoverY to $1.88Bil during the quarter. Excluding items, $LRCX earned $2.24 per diluted share.

$LRCX's BoD approved a $1Bil share repurchase authorization, with execution planned over next 12 to 18 months, and a 50% increase of its quarterly dividend. On annualized basis, quarterly dividend of $0.45 per share will return about $291MM to stockholders. The dividend is payable on Jan. 4, 2017 to stockholders of record on Dec. 14, 2016.

$LRCX forecast 2Q17 earnings per share of $1.82, plus or minus 10 cents, on revenue of $1.84Bil plus or minus $75MM. The company expects shipments of $1.85bil plus or minus $75MM for the upcoming quarter.

Chip equipment maker $LRCX reported a lower 3Q16 profit, hurt by higher costs. The company reported quarterly earnings of $263.84MM, or $1.47 per share, down from $288.68MM, or $1.66 per share a year ago. Revenue rose to $1.63Bil from $1.60Bil a year ago. Expenses increased to $400.25MM from $386.94MM.

$KLAC and $LRCX agreed to terminate their proposed merger agreement. The parties decided to it was not in best interests of their respective stakeholders to continue pursuing the merger. This follows the U.S. Department of Justice advise that it would not continue with a consent decree that the parties had been negotiating.

Semiconductor equipment company $LRCX has appointed Rick Tsai to its BoD effective September 13, 2016. Dr. Tsai is currently Chairman and CEO of Chunghwa Telecom Co. Ltd. as well as a director of NXP Semiconductors NV. He had previously served as President, CEO, and member of the board of Taiwan Semiconductor Manufacturing Company, Limited.

Capital equipment company $KLAC, which is awaiting its merger with $LRCX, reported 4Q16 net income of $272MM, or $1.73 per share, up from $142MM, or $0.89 per share a year ago. Revenue rose 22% to $919MM.