The Latest Breaking News from LRCX

While Lam Research’s outperformance compared to the S&P 500 Index on a YTD basis, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Despite Lam Research's underperformance over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Despite its relative underperformance compared to other semiconductor stocks, analysts remain moderately bullish on Lam Research's prospects.

The Biden administration is implementing its third crackdown on China's semiconductor industry, imposing export restrictions on 140 Chinese entities and limiting Beijing's access to advanced technologies. Stock prices for companies like Nvidia, Lam Research Corp, and KLA Corp are affected.

While Lam Research has underperformed the broader market over the past year, analysts hold a cautiously optimistic outlook for the stock's future.

The Republican representative from Georgia just loaded the boat on semiconductor stocks.

Lam Research is all set to release its first-quarter earnings later this month, and analysts expect a double-digit profit increase.

The semiconductor market is thriving due to high demand from industries like consumer electronics and medical applications, government support, increased R&D funding, and innovations in chip design, driving significant growth. Amid this backdrop, it could be wise to watch strong semiconductor equipment stocks: Lam Research (LRCX) and Applied Materials (AMAT).…

It’s time to eye these strong AI stocks now.