US EditionLam Research Announces Leadership Transitions to Increase Company Velocity for the AI Era
Dr. Anirudh Devgan brings AI and semiconductor design expertise to Lam Research’s board to enhance innovation in advanced chip manufacturing.
- On Feb. 3, 2026, Lam Research announced Dr. Anirudh Devgan, CEO of Cadence Design Systems, joined its board of directors.
- Industry experience in EDA and semiconductor ecosystems led to Dr. Anirudh Devgan's appointment, as Talwalkar said, `Anirudh is one of the industry's foremost authorities in EDA and virtualization.'
- His career includes leadership at Cadence and earlier positions at Magma Design Automation and IBM, serving on industry boards, with 27 U.S. patents and IEEE Fellowship.
- Lam described anticipated benefits from the appointment but cautioned such remarks are forward-looking and subject to risks under its safe-harbor disclosures.
- Technical depth from Dr. Anirudh Devgan's pioneering architectures suggests Lam's equipment underpins nearly every advanced chip, highlighting industry significance.
15 Articles
15 Articles
Helena Independent Record
Lam Research Appoints Cadence CEO Anirudh Devgan to Board of Directors
FREMONT, Calif., Feb. 3, 2026 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that Dr. Anirudh Devgan has joined its board of directors. Dr. Devgan, who currently serves as president and chief executive officer (CEO) of Cadence Design Systems,…
Lam Research stock price slips 3%: LRCX traders eye COO handover and new board pick
NEW YORK, February 3, 2026, 19:12 (EST) — After-hours. Shares of Lam Research slid 3.1% to $230.10 in Tuesday’s regular session and were little changed in after-hours trade. The stock touched an intraday low of $226.88. In an 8-K — a form companies use to disclose major events — filed with the U.S. Securities and Exchange Commission, the company said it appointed Cadence Design Systems CEO Anirudh Devgan to its board and set a March 6 handover f…
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