It put markets on edge as it raised the question of whether the U.S. AI dominance was at risk.Lam Research’s earnings report was another piece of good news for investors who are grasping for signs that they haven’t overinvested in AI.
What Happened? Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX) jumped 8.5% in the afternoon session after the company reported impressive fourth-quarter results and provided revenue and EPS guidance for the next quarter,
Semiconductor equipment maker Lam Research (NASDAQ:LRCX) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 16.4% year on year to $4.38 billion. On top of that, next quarter’s revenue guidance ($4.
Bernstein upgraded Lam Research (LRCX) to Outperform from Market Perform with a price target of $91, up from $85. The company reported a solid
Valued on earnings, shares of Lam Research look the cheapest today, valued just a little over 25 times trailing earnings. KLA stock is more expensive at 34 times earnings, while ASML looks most expensive at a P/E ratio of 40. I hesitate to call any of the three stocks a "bargain," however.
Shares of Lam Research rose after the maker of equipment for semiconductor manufacturing issued better-than-expected guidance for the current quarter. The stock was up 5.4%, to $79.33, in after-hours trading Wednesday after closing the regular session at $75.15. Through Wednesday's close, the stock had lost about 11% over the last year.
Lam Research issued upbeat guidance after posting higher quarterly profit and revenue, with its chief executive noting that increasing demands on semiconductor performance is playing into its strengths.
Chip-making equipment supplier Lam Research forecast third-quarter revenue above Wall Street expectations on Wednesday, driven by a surge in orders from chip firms amid the AI boom. Shares of the Fremont,
Analyst Blayne Curtis of Jefferies maintained a Buy rating on Lam Research (LRCX – Research Report), with a price target of $95.00.Invest with
Lam Research reports its second-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the quarter.
As we move through 2025, staying informed and adaptable will be key to capitalizing on the opportunities this pivotal industry presents.
We recently published a list of 10 Undervalued Semiconductor Stocks to Buy According to Analysts.In this article, we are going to take a look at where Lam Research Corporation (NASDAQ:LRCX ...