Here’s How Lam Research Corporation (LRCX) is Benefitting from AI

Core Insights - Janus Henderson Global Technology and Innovation Fund reported a strong performance in Q3 2025, with a return of 9.19%, outperforming the S&P 500 Index's 8.12% but underperforming the MSCI All Country World Information Technology Index's 12.76% [1] Group 1: Fund Performance - The technology sector showed robust results in Q3 2025, driven by the semiconductor complex and hardware manufacturers [1] - The fund's top five holdings reflect its best investment choices for 2025 [1] Group 2: Lam Research Corporation - Lam Research Corporation (NASDAQ:LRCX) reported a one-month return of 15.29% and a 52-week gain of 137.25%, closing at $175.16 per share with a market capitalization of $220.882 billion on December 23, 2025 [2] - The company is recognized for its focus on semiconductor processing equipment, particularly in memory chips, which are now benefiting from increased demand due to AI's growing computational needs [3] - Lam Research Corporation's revenue for the September quarter was $5.3 billion, marking a 3% increase from the previous quarter, with a rise in hedge fund interest from 85 to 93 portfolios [4]