Lam Research shares LRCX soared on Thursday after the semiconductor equipment maker delivered better-than-expected fiscal fourth-quarter results and issued stronger guidance, reinforcing investor confidence in artificial intelligence-driven chip demand. The stock climbed about 23% in the session.
Lam Research tops Q4 FY26 estimates as NAND revenues more than double sequentially and support sales hit a third straight record.
Lam Research's AI-driven expansion boosts semiconductor opportunities as memory, packaging and wafer fab demand accelerate.
The headline numbers for Lam Research (LRCX) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Lam Research NASDAQ: LRCX reported record revenue, operating margin and earnings per share for its June 2026 quarter, driven by a sharp increase in NAND-related revenue and continued growth in its Customer Support Business Group.
Lam Research (LRCX) came out with quarterly earnings of $1.82 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.33 per share a year ago.
Lam Research (NASDAQ:LRCX | LRCX Price Prediction) enters its July 29 Q4 earnings report with AI spending driving record results across its semiconductor equipment business.
Get a deeper insight into the potential performance of Lam Research (LRCX) for the quarter ended June 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
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Lam Research's Q4 results are expected to reflect the benefits of strong demand for AI chips and rising DRAM spending.
Lam Research (LRCX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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