FREMONT, Calif., Dec. 2, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX).Today, the U.S. government announced additional measures to further restrict semiconductor technology exports to China. Our initial assessment is that the effect of the announced measures on Lam's business will be broadly consistent with our prior expectations. As a result, at this time we have no plans to update Lam's financial guidance for the December 2024 quarter as stated in our earnings press release on October 23, 2024.Ab ...

While the "Magnificent Seven" stocks often get a lion's share of attention in the tech world, semiconductor stocks outside Nvidia are often ignored by a lot of investors. And the semiconductor capital equipment ("semicap") stocks -- the makers of high-tech machines that produce semiconductors -- are ignored even more.This is despite the semicaps having some of the best businesses around. Today, semicap leader Lam Research (LRCX 3.23%) looks like an excellent buy for long-term investors, especially after the ...

Lam Research (NASDAQ: LRCX ) stock investors have had it rough this year, with the stock down more than 5% in value. Over the past six months, the scenario is even more dire, with the stock losing 24%, contrasting its lofty 2023 gain, within strikingMuslim Farooque is a leading financial journalist and market analyst with over five years of expertise in covering the stock and cryptocurrency markets. His work has been widely featured on platforms such as Seeking Alpha, InvestorPlace, GuruFocus, BarCharts, Ti ...

As Lam Research Corporation (NASDAQ: LRCX ) entered into FY25, it experienced double-digit growth across its topline after nearly a 15% decline in FY24. This growth was due to strong contributions from DRAM and NAND technologies of the memoryAs a finance enthusiast with years of experience in research, I am deeply engaged in studying diverse businesses, especially in the technology, industrial, and conglomerate sectors. I really like companies that have strong foundations and see them doing well in the long ...

Lam Research's (NASDAQ: LRCX ) investors should take a mixed approach when it comes to LRCX as it makes waves in the semiconductor industry. The demand for its cutting-edge chipmaking technology drove the company to post solid Q1 earnings. The ongoingI am a financial writer with a degree in Finance. In my five-year career, I have worked with two financial companies. I keep a close eye on Energy, Banking, and Tech stocks. My main focus is fundamental analysis and looking at the long-term position of a stock ...

FREMONT, Calif., Nov. 21, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced that Doug Bettinger, Executive Vice President and Chief Financial Officer, will participate in the following upcoming investor events:UBS Global Technology and AI Conference, December 3, 2024, at 1:15 p.m. Pacific Time (2:15 p.m. Mountain Time)Barclays 22nd Annual Global Technology Conference, December 11, 2024, at 8:40 a.m. Pacific TimeLive audio webcasts of these presentations will be available to the public a ...

Lam Research Corporation (LRCX) , a leader in semiconductor fabrication equipment, currently trades at a forward 12-month price-to-earnings (P/E) ratio of 18.74, significantly lower than the Zacks Electronics – Semiconductors industry average of 27.63. LRCX stock’s P/E multiple is also lower than its peers in the semiconductor space, including ASML Holding (ASML) , Advanced Energy Industries (AEIS) and KLA Corporation (KLAC) .Image Source: Zacks Investment ResearchAt present, ASML Holding, Advanced Energy I ...

Stock-split fever has infected many investors in 2024. That perhaps shouldn't be surprising considering the sheer volume of stock splits. There have been more than 450 forward stock splits year to date, including reverse stock splits. Additional stock splits are on the way in the next few weeks. Several stocks of companies that have already conducted splits this year have been big winners. For example, Microstrategy's shares have skyrocketed over 420% with Nvidia soaring around 190%. One stock-split stock h ...

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Core Insights - Lam Research has experienced unrelenting demand for artificial intelligence (AI), leading to a second consecutive quarter of double-digit revenue growth in fiscal Q1 2025 [2][5] - The company reported earnings per share (EPS) of 86 cents, exceeding consensus estimates by 5 cents, and revenues of $4.17 billion, a 19.7% year-over-year increase, surpassing expectations of $4.06 billion [6][5] - Lam Research's broader service offerings and recovery in NAND spending, driven by AI demand, are key factors expected to drive growth beyond the wafer fabrication equipment (WFE) market in 2025 [7][8] Financial Performance - Lam Research's fiscal Q1 2025 results showed a significant revenue increase, with a 19.7% year-over-year growth to $4.17 billion [6] - The company provided guidance for fiscal Q2 2025, forecasting EPS between 77 cents and 97 cents and revenue between $4 billion and $4.6 billion, aligning with market expectations [6] Market Position and Competition - Lam Research's machines are essential in the semiconductor production process, performing critical functions such as etching and chemical mechanical planarization, similar to ASML's lithography machines [3][2] - The financial performance of Lam Research is closely linked to that of ASML, especially following ASML's disappointing Q3 2024 earnings report [4][5] Strategic Outlook - The company anticipates benefiting from technology transitions, particularly the shift from Tungsten to Molybdenum, which will create additional opportunities [8] - Lam Research expects its SABRE 3D advanced packaging revenue to more than double in 2024 as it gains market share heading into 2025 [8] Geopolitical Considerations - In fiscal Q1 2025, 37% of Lam Research's total revenue came from China, raising concerns about potential restrictions on sales to China with the upcoming Trump Administration [9][11] - The company, along with other semiconductor equipment manufacturers, received inquiries from the House Select Committee regarding their business dealings with China [10][11]