Lam Research Corporation
LRCX · Nasdaq
- $311.35
- $383.17B
- Open
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- $0.00 - $0.00
- $94.11 - $438.50
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- 7.02M
About Lam Research Corporation
Lam Research sells semiconductor wafer-fabrication equipment used to deposit, etch, clean and otherwise process layers on advanced chips. The company serves chip manufacturers, foundries and memory producers, with demand tied to wafer-fabrication capacity, technology transitions and artificial-intelligence-related semiconductor investment. Lam operates as a single reportable operating segment rather than disclosing separate revenue contributions for each equipment category. In fiscal 2025, it generated $18.4 billion of revenue and $5.4 billion of net income, compared with $14.9 billion and $3.8 billion, respectively, in fiscal 2024. Its scale is therefore defined by a multibillion-dollar global semiconductor-equipment franchise.
Notable Price Movement
- Aug 3-7$311.356.26%
Lam Research rose $48.13, or 17.85%, from $269.61 to $317.74 over the reported period. Trading was volatile: shares fell 6.4% on July 29 before rebounding 18.0% on July 30, then slipped 1.6% on July 31 after Morgan Stanley cut its price target from $404 to $367. The stock gained modestly on August 3 and jumped 7.8% on August 4. The strongest evidence points to a broad technology-led rally rather than a newly disclosed Lam-specific catalyst: the Nasdaq 100 rose 3.32% on August 4 amid strong technology earnings, while easing Middle East tensions also supported risk assets. Zacks simultaneously highlighted Lam’s AI equipment demand and included it in Strong Buy screens.
