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Lam Research is rated a Buy with a revised price target of $178, reflecting a 14% upside and market outperformance. LRCX delivered strong FQ1 2026 results: 28% revenue growth, 47% EPS growth, and record gross/operating margins, driven by AI-powered demand. The company benefits from robust AI-related tailwinds, global diversification, heavy R&D investment, and a low-leverage capital structure supporting future growth.
| - Industry | - Sector | Timothy M. Archer CEO | LSE Exchange | US5128073062 ISIN |
| US Country | 18,600 Employees | 3 Dec 2025 Last Dividend | 3 Oct 2024 Last Split | 11 May 1984 IPO Date |
Lam Research Corporation, established in 1980 and based in Fremont, California, operates as a key player in the semiconductor industry, focusing on the design, manufacture, marketing, refurbishment, and servicing of semiconductor processing equipment essential for the fabrication of integrated circuits. With a global footprint, the company caters to the semiconductor industry's needs across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. The extensive range of products offered by Lam Research meets various critical processes involved in semiconductor manufacturing, emphasizing innovation and precision in creating technologies that shape the future of electronics.
Lam Research provides a comprehensive portfolio of products and services designed to address the intricate and evolving needs of semiconductor fabrication. Each product line is tailored for specific semiconductor processing applications, ensuring high-quality and efficiency in chip production.