Lam Research Corporation (LRCX) vs The Procter & Gamble Company (PG)

Lam Research Corp is one of the world’s leading manufacturers of semiconductor wafer fabrication equipment. The company specializes in deposition and etch technologies, which involve building layers on a semiconductor wafer and selectively removing patterns from each layer. Lam holds the leading market share in etch and ranks a clear second in deposition. It has greater exposure to memory chipmakers, particularly in DRAM and NAND. Its major customers include some of the world’s largest semiconductor companies, such as TSMC, Samsung, Intel, and Micron.

Founded in 1837, Procter & Gamble Company (PG) has grown into one of the world’s largest consumer goods manufacturers, generating nearly $85 billion in annual sales. Its portfolio includes many leading brands, with more than 20 producing over $1 billion in global annual revenue each, including Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. International markets account for slightly more than half of the company’s consolidated sales.