Should Lam Research Stock Be in Your Portfolio Post Solid Q1 Earnings?

Key Takeaways Lam Research's Q1 revenues rose 28% to $5.32B, topping estimates and boosting its share price.AI and datacenter chip demand are fueling growth in LRCX's etch and deposition technologies.Lam Research's forward P/E of 31.83 remains below the industry average, supporting its investment appeal.Lam Research Corporation (LRCX) recently posted robust first-quarter fiscal 2026 results, helping its shares rise 11% since the Oct. 22 release. LRCX’s first-quarter top and bottom lines surpassed the Zacks ...