Lam Research received a Buy rating due to its strong technological advantage in plasma dry etching for advanced memory chip manufacturing. The ongoing buildout of AI infrastructure and increased spending by hyperscalers are fueling a memory supercycle, which supports Lam Research's revenue growth and margin stability. In Q3, the company reported revenues of $5.84 billion, up 24% year-over-year, with net margins around 30%. Its customer support segment reached a record $2 billion, improving recurring revenue visibility. The stock trades at a price-to-earnings ratio of 48 times trailing twelve months GAAP earnings, with a fair value estimated between 45 and 60 times PE, suggesting potential upside of -6% to +25%.
Lam Research Corporation revealed that Michael R. Cannon and Sohail U. Ahmed will retire from its Board of Directors on November 2, 2026. Both have provided significant leadership and industry expertise, with Cannon bringing over 40 years of experien...
Lam Research Corporation's Board of Directors approved a 27% increase in its quarterly dividend, raising it from $0.26 to $0.33 per share. The dividend will be paid on October 14, 2026, to shareholders recorded by September 23, 2026. This move reflec...
Lam Research has begun construction on a new advanced lab in Tualatin, Oregon, as part of a $3 billion global expansion to accelerate AI chip development. The 120,000-square-foot facility will increase cleanroom space by over 50%, enabling closer col...
Lam Research announced that Doug Bettinger, its CFO, will participate in two key investor events: the Citi 2026 Global TMT Conference on September 9 and the Goldman Sachs Communicopia + Technology Conference on September 10. These presentations will ...
