Lam Research has delivered a 321% total return over three years, outperforming peers like ASML and ACM Research. Despite a recent 10% stock drop triggered by concerns over Google's TurboQuant algorithm reducing memory demand, Lam's core etching and deposition tools remain critical for advanced AI chip production. The dip is seen as an overreaction since AI workloads continue to grow, driving strong long-term demand for Lam's equipment. This correction offers investors a chance to buy into a leading AI chip equipment maker at a better valuation.
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...
