Lam Research Stock News

Lam Research Corporation has underperformed the S&P 500 by 35% since early July, and its valuations have reset. We reiterate our buy rating after 1Q FY25 results and outlook. We think the high shipments to China concern is done, with China shipments expected to drop to 30% of total sales next quarter. Now, WFE spend from outside of China should fill the gap and support outperformance in FY25.

I reiterate a 'Strong Buy' rating for Lam Research with a one-year price target of $95, driven by robust growth potential in HBM-Driven DRAM and 3D NAND markets. Lam Cryo 3.0 etches 2.5x faster and reduces energy consumption by 40%, positioning Lam Research to meet rising 3D NAND demand. Q1 results showed 19.7% revenue growth year-on-year, with a positive outlook for the NAND market and signifi...

Lam Research Corporation (NASDAQ:LRCX ) Q1 2025 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Ram Ganesh - Vice President, Investor Relations Tim Archer - President and Chief Executive Officer Doug Bettinger - Executive Vice President and Chief Financial Officer Conference Call Participants Tim Arcuri - UBS Harlan Sur - JPMorgan Toshiya Hari - Goldman Sachs Vivek Ary...

Lam Research forecast revenue for the December quarter above Wall Street expectations on Wednesday, as chipmakers ordered more of its equipment used to manufacture semiconductors for artificial intelligence applications.

FREMONT, Calif. , Oct. 23, 2024 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended September 29, 2024 (the "September 2024 quarter").

Lam Research is a high-quality growth stock in semiconductor equipment manufacturing, with strong cash flows, high returns on capital, and an increasing gross profit margin. The stock is at a critical support level ahead of its earnings report on October 23. If it breaks this support, the closest support is around $57. I rate Lam Research as a Hold due to its historically elevated P/E ratio and...

Lam Research's competitive edge, growth potential, and valuation make it a compelling investment.

Semiconductor innovation is a multidecade investing trend that is poised to continue with the arrival of AI and other technologies.