Gross Profit Trends Compared: Lam Research Corporation vs Cognizant Technology Solutions Corporation

Tech Titans' Profit Trends: Lam vs. Cognizant

__timestampCognizant Technology Solutions CorporationLam Research Corporation
Wednesday, January 1, 201441215630002007481000
Thursday, January 1, 201549758000002284336000
Friday, January 1, 201653790000002618922000
Sunday, January 1, 201756580000003603359000
Monday, January 1, 201862870000005165032000
Tuesday, January 1, 201961490000004358459000
Wednesday, January 1, 202059810000004608693000
Friday, January 1, 202169030000006805306000
Saturday, January 1, 202269800000007871807000
Sunday, January 1, 202366890000007776925000
Monday, January 1, 202467780000007052791000
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A Tale of Two Giants: Lam Research vs. Cognizant Technology Solutions

In the ever-evolving landscape of technology, two titans stand out: Lam Research Corporation and Cognizant Technology Solutions Corporation. Over the past decade, these companies have showcased remarkable growth in their gross profits, reflecting their strategic prowess and market adaptability.

From 2014 to 2023, Cognizant's gross profit surged by approximately 62%, peaking in 2022. Meanwhile, Lam Research demonstrated an even more impressive trajectory, with a staggering 290% increase over the same period, reaching its zenith in 2022. This growth underscores Lam's robust position in the semiconductor industry, driven by the global demand for advanced chip manufacturing.

Interestingly, while Cognizant's profits slightly dipped in 2023, Lam Research maintained its momentum, albeit with a slight decline from its 2022 peak. This divergence highlights the dynamic nature of the tech industry, where adaptability and innovation are key to sustained success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025