Lam Research Corp. (NASDAQ: LRCX) commemorated the start of construction on its new, state-of-the-art Oregon lab, part of a more than $3 billion planned investment in its global lab network over the next five years to accelerate breakthroughs for the creation of advanced AI chips. Located in the Silicon Forest, in close proximity to key customers, the new 120,000-square-foot facility is expected to increase cleanroom lab space at the Lam Tualatin R&D center by more than 50% when completed, enabling expanded experimentation and accelerated solution development. Lam plans to make the new facility one of its most advanced labs in the world, increasing capacity and capabilities for side-by-side innovation with customers and compressing product development cycles across its global lab network.