Lam Research was upgraded to a buy rating following its strong 30% year-over-year revenue growth in the June quarter, driven by high demand in AI and memory sectors. The company also showed margin expansion and inventory efficiency, indicating solid fundamentals. Guidance for the September quarter is optimistic, with expected revenue growth of 52% and EPS growth of 71% year-over-year. Continued R&D investments and reduced risks related to China support a positive long-term outlook for Lam Research.
In the second quarter of 2026, markets recovered from earlier losses thanks to easing geopolitical tensions, strong corporate earnings, and improved investor sentiment. The Harbor Human Capital Factor US Large Cap ETF gained 11.82%, driven by top per...
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...
