# Analyst Forecasts Strong Quarterly Results for Semiconductor and Storage Makers Driven by AI Demand

- URL: https://stocks.freetheai.org/news/analyst-forecasts-strong-quarterly-results-for-semiconductor-and-storage-makers-14f193
- Published: 2026-10-12T17:49:49Z
- Category: earnings; sentiment: bullish; impact: medium
- Symbols: [NASDAQ:LRCX](https://stocks.freetheai.org/symbols/NASDAQ-LRCX), [NASDAQ:TXN](https://stocks.freetheai.org/symbols/NASDAQ-TXN), [NASDAQ:WDC](https://stocks.freetheai.org/symbols/NASDAQ-WDC)
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Major technology suppliers Lam Research Corporation (NASDAQ:LRCX), Texas Instruments Incorporated (NASDAQ:TXN), and Western Digital Corporation (NASDAQ:WDC) are scheduled to report quarterly financial results later in October. Wall Street analysts expect robust earnings and guidance across the trio, supported by steady spending on artificial intelligence infrastructure and strong customer ordering patterns.

Equipment supplier Lam Research Corporation is expected to report elevated demand as chipmakers pre-build manufacturing systems, potentially raising its industry spending forecast for 2026 into the high $150 billion range and hinting at adding a third manufacturing facility. Meanwhile, analog producer Texas Instruments Incorporated is projected to deliver third-quarter revenue and earnings near the top of its guidance at $6.05 billion and $2.48 per share, aided by market share gains as buyers seek secure supply.

Storage manufacturer Western Digital Corporation is also anticipated to exceed near-term earnings expectations when it reports, though long-term concerns remain over competitive capacity changes and future downcycle risks. Investors will watch Lam Research Corporation and Texas Instruments Incorporated when they post results on October 21, followed by Western Digital Corporation on October 22.

## Key points

- Lam Research Corporation is expected to show strong quarterly results and guidance on October 21 due to sustained artificial intelligence spending.
- Texas Instruments Incorporated is projected to post third-quarter revenue near $6.05 billion and earnings of $2.48 per share on October 21.
- Western Digital Corporation reports on October 22, with near-term strength expected alongside a reduced stock price target of $470.

## Questions and answers

### When does Lam Research report quarterly earnings?

Lam Research Corporation is scheduled to report its quarterly financial results on October 21.

### What are the earnings expectations for Texas Instruments?

Analysts expect Texas Instruments Incorporated to report third-quarter revenue near the top of its guidance range at $6.05 billion, with earnings per share around $2.48.

### When will Western Digital release its quarterly results?

Western Digital Corporation is set to post its quarterly results on October 22.