FREMONT, Calif., Jan. 6, 2025 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, January 29, 2025, beginning at 2:00 p.m. Pacific Standard Time (5:00 p.m. Eastern Standard Time). Webcast: To access the webcast, visit the Investors section of Lam's website athttp://www.lamresearch.com and click on the Investors/InvestorsOverview/Events & Presentations section to view the details. Replay Info ...

AI Infrastructure Spending - Spending on AI infrastructure is expected to reach $227 billion in 2025, with a projected increase to $749 billion by 2028 [1][2] - The growth in AI spending is driven by the increasing adoption of AI services across various sectors, including cloud computing and memory markets [2][11] Microsoft - Microsoft's AI business is on track to surpass an annual revenue run rate of $10 billion, making it the fastest-growing business in the company's history [4] - The Intelligent Cloud segment saw a 20% year-over-year revenue increase to $24.1 billion in Q1 FY2025, with Azure cloud service revenue growing 23% [4] - AI contributed 12 percentage points to Azure's growth, indicating significant influence on Microsoft's cloud business [5] - Microsoft Azure's market share in cloud infrastructure increased to 20%, slightly outpacing the overall cloud infrastructure spending growth of 23% [6] - Analysts expect Microsoft's earnings to grow 10% in FY2025 to $13.04 per share, with long-term growth potential driven by a projected $2 trillion global cloud spending by 2030 [7][8] - Microsoft's stock is trading at 35 times earnings, which is relatively attractive compared to the Nasdaq-100 index's earnings multiple of 33 [9] Lam Research - Lam Research's stock underperformed in the past year, losing 2%, but is expected to rebound in 2025 due to a recovery in the memory market [10] - Capital spending on DRAM is forecasted to increase by 25% in 2025, with NAND flash storage spending expected to rise by 10% [11] - The company derives 35% of its revenue from selling semiconductor manufacturing equipment to memory makers, positioning it to benefit from the memory market recovery [13] - Lam's Q1 FY2025 revenue increased 20% year-over-year to $4.17 billion, with earnings per share rising 25% to $0.86 [14] - Analysts expect Lam's earnings to grow 17% in both the current and next fiscal years, following a 14% decline in revenue in FY2024 [14] - Lam's stock is trading at 24 times earnings, a discount to the Nasdaq-100 index's earnings multiple of 33, with a 12-month median price target of $95, indicating a potential 32% upside [15][16]

The most recent trading session ended with Lam Research (LRCX) standing at $73.99, reflecting a +0.22% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.04%. On the other hand, the Dow registered a gain of 0.07%, and the technology-centric Nasdaq decreased by 0.05%.The semiconductor equipment maker's stock has climbed by 3.16% in the past month, falling short of the Computer and Technology sector's gain of 5.93% and outpacing the S&P 500's gain of 1.05%.Investo ...

Shares of semiconductor equipment supplier Lam Research (LRCX -4.69%) lost ground Thursday morning, and were trading down 4.7% as of 12:25 p.m. ET. This is notable as Lam is missing out on the rebound many stocks are experiencing following Wednesday's market rout.Lam's decline was set off by the tepid outlook that one of its key customers delivered Wednesday afternoon. But for investors, this share price dip in a company that's positioned to be a long-term beneficiary of the AI revolution may offer an oppor ...

Lam Research Corporation (LRCX) has recently overtaken its 50-day moving average. This upward movement indicates a potential shift in sentiment as buyers step in, reflecting optimism about the company’s positioning within the semiconductor recovery cycle. The 50-day breakout often signals strength in the stock’s short-term momentum, making it a significant development for investors monitoring Lam Research’s performance.50-Day Moving Average Signals Upward MomentumImage Source: Zacks Investment ResearchThe l ...

It’s been a strong year for many stocks. But now that we’re in December, many investors are looking to diversify and rebalance their portfolios. This is a simple strategy in which you take some profits from your winners and move them to stocks that haven’t done as well in 2024. Selling stocks at overbought levels doesn’t have to mean your opinion of the company has changed. But as the old saw goes, nobody got broke taking a profit. And if a stock is overvalued, trimming your position can protect you from d ...

Artificial intelligence (AI)-inspired stock splits were a big theme in 2024 -- and it may stay that way in the new year, based on the forecast of two analysts.For the better part of two years, the bulls have been running wild on Wall Street. While these gains can prominently be traced to the rise of artificial intelligence (AI), AI isn't the only catalyst responsible for sending the broad-market indexes to fresh highs.The outsized gains in the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite in 2 ...

Lam Research Corporation (NASDAQ:LRCX) Barclays 22nd Annual Global Technology Conference December 11, 2024 11:40 AM ET Company Participants Tom O'Malley - CFO Conference Call Participants Doug Bettinger - Barclays Doug Bettinger Safe harbor to keep my attorneys happy. I don't plan to say anything that I haven't said on public record before, so don't be disappointed with that. But today's discussion may include forward-looking statements that are subject to risks and uncertainties. Actual results, results ma ...

Lam Research Corporation (NASDAQ:LRCX) Barclays 22nd Annual Global Technology Conference December 11, 2024 11:40 AM ET Company Participants Tom O'Malley - CFO Conference Call Participants Doug Bettinger - Barclays Doug Bettinger Safe harbor to keep my attorneys happy. I don't plan to say anything that I haven't said on public record before, so don't be disappointed with that. But today's discussion may include forward-looking statements that are subject to risks and uncertainties. Actual results, results ma ...

Editor's note: Seeking Alpha is proud to welcome Sivanand Birusumanti as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.Ever since I was eleven years old, I have been an ardent follower of the Stock Market and avid of learning new investing concepts. By providing fundamental analysis on dividend and growth equities across diverse sectors, I aim to guide ...