Lam Research: AI Foundry Growth Keeps The Upside Case Alive

Core Insights - Lam Research (LRCX) has seen a stock price appreciation of approximately 19% following the previous analysis, surpassing the 12-month price target of $160 and reaching an all-time high price [1] Company Performance - The stock price of Lam Research appreciated by roughly 19% [1] - The previously guided 12-month price target of $160 has been exceeded [1] Analyst Background - The analyst has over 10 years of experience in asset management, specializing in equity analysis, macroeconomics, and risk-managed portfolio construction [1] - The analyst's professional background includes advising on multi-asset strategies with a focus on equities and derivatives [1] Investment Philosophy - The goal of the analysis is to share insights and exchange ideas to enhance long-term investing confidence [1] - The analyst emphasizes that investing should be accessible, inspiring, and empowering [1]