Here’s Why Lam Research (LRCX) Soared in Q3

Core Insights - Carillon Tower Advisers released its third-quarter 2025 investor letter for the Carillon Eagle Growth & Income Fund, highlighting the S&P 500 Index's year-to-date return of 13.7% and the significant role of AI deployment in market performance [1] - The fund's top holdings include Lam Research Corporation, which has shown strong performance with a one-month return of 9.95% and a 52-week gain of 115.55% [2][3] Company Performance - Lam Research Corporation (NASDAQ:LRCX) reported a revenue of $5.3 billion for the September quarter, marking a 3% increase from the previous quarter [4] - The company has confirmed growth projections for the upcoming year, supported by positive bookings data, indicating a strong position in the semiconductor capital spending market [3] Market Sentiment - Improving sentiment around Lam Research Corporation is attributed to the critical nature of its products in the semiconductor industry, particularly in relation to AI memory requirements [3] - Despite its potential, Lam Research is not among the top 30 most popular stocks among hedge funds, with 85 hedge fund portfolios holding its shares at the end of the second quarter, down from 91 in the previous quarter [4]