Lam Research poised for 12% gain as AI-driven US data center spending boosts chip demand

Lam Research is well-positioned to benefit from increased AI capital expenditure, especially in US data center expansions. The company’s growing gross profit margins and strong demand for AI chips support a potential stock revaluation to around 30 times price-to-earnings, suggesting at least a 12% upside. Positive results from TSMC and expected AI infrastructure investments reinforce a favorable market environment for Lam Research and its peers. However, a slowdown in hyperscaler capital spending could pose risks to this growth outlook.

Lam Research holds a substantial market cap of $394.46 billion on Pluang as of September 28, 2026, 17:42 WIB, reflecting its significant presence in the AI infrastructure sector. The stock price is currently $305.92, down 2.95% on the day, while it offers a dividend yield of 0.42%. Trading volume stands at 8,142,020 shares, with investors typically holding the stock for about 60 days on the platform.