Lam Research is set to report its fiscal Q3 2026 earnings on April 22, following a strong streak of four consecutive beats driven by AI-related equipment demand. Last quarter, the company posted $5.344 billion in revenue, up 22% year-over-year, and non-GAAP EPS of $1.27, beating estimates. Key focus areas for this report include gross margin trends under tariff and customer mix pressures, China revenue exposure which has declined but remains significant, and systems revenue recovery as a sign of sustained demand. The guidance tone for Q4 will be critical in shaping investor confidence, with the stock currently down from recent highs but supported by strong fundamentals and AI-driven growth prospects.
Asian semiconductor stocks experienced a significant decline following a sell-off in US chipmakers, with SK Hynix shares dropping over 9% in Seoul after an earlier 8% rally. The sell-off reflects concerns over AI spending and profit-taking after a st...
REX Shares has filed for the REX AI Chipmaking ETF, targeting the booming $1.3 trillion AI infrastructure sector. The fund tracks the VettaFi AI Chipmaking Index, focusing on companies involved in wafer fabrication equipment, advanced packaging, and ...
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
The iShares A.I. Innovation and Tech Active ETF (BAI) fell nearly 6% in one week after a strong year-to-date gain of about 36%. This volatility reflects sensitivity to the 10-year Treasury yield, which affects valuations of AI-related semiconductor s...
Lam Research's stock has surged over 120% in seven months, far outperforming the benchmark's 11% gain. However, its current forward price-to-earnings ratio of 62x is significantly higher than its peers at 25x, raising concerns about overvaluation. De...
