Latest news with #LamResearchCorporation
Yahoo
29-05-2025
- Business
- Yahoo
Lam Research Corporation (LRCX): A Bull Case Theory
We came across a bullish thesis on Lam Research Corporation (LRCX) on Substack by The Antifragile Investor. In this article, we will summarize the bulls' thesis on LRCX. Lam Research Corporation (LRCX)'s share was trading at $82.79 as of 21st May. LRCX's trailing and forward P/E were 23.06 and 19.01 respectively according to Yahoo Finance. An aerial view of a semiconductor factory, with its intricate machinery and equipment. Lam Research has emerged as an indispensable player in the semiconductor ecosystem, quietly powering the atomic-level processes—etching, deposition, and cleaning—that enable the most advanced chips in the world. These tools are not interchangeable; they are engineered for ultra-precise tasks that, once integrated into fabs, become irreplaceable due to high switching costs and time-to-yield sensitivities. With platforms like Kiyo, Altus, and DV-Prime supporting logic, memory, and 3D NAND production, Lam's tools are deeply embedded across global chipmakers including TSMC, Samsung, and Micron. More than just a hardware supplier, Lam has transformed into a high-margin service powerhouse. Services like parts, upgrades, and productivity solutions now account for over 40% of revenue and carry significantly higher margins, lifting gross profit to an impressive 47.3% despite broader industry headwinds. These recurring revenues expand naturally as the installed base grows, creating a self-reinforcing flywheel. The company's dominance is further cemented by a fortress of moats: thousands of patents, heavy R&D investment ($1.9B in 2023), a vast global support network, and near-impossible switching costs. Even geopolitical risks underscore Lam's value, as 42% of sales now come from China—despite export controls—highlighting just how essential its tools are to domestic fabs. Beyond the technology, Lam thrives because every leap in chip complexity demands more tools per wafer, ensuring its relevance grows with every innovation wave from AI to cloud computing. Investors often overlook Lam's embedded software, service flywheel, and strategic positioning—but those who understand its quiet control over semiconductor manufacturing see a company compounding strength in the background of the digital world. Lam Research Corporation (LRCX) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 84 hedge fund portfolios held LRCX at the end of the fourth quarter which was 58 in the previous quarter. While we acknowledge the risk and potential of LRCX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than LRCX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
Yahoo
21-05-2025
- Business
- Yahoo
Lam Research Corporation Declares Quarterly Dividend
FREMONT, Calif., May 21, 2025 /PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a quarterly dividend of $0.23 per share of common stock. The dividend payment will be made on July 9, 2025, to holders of record on June 18, 2025. Future dividend payments are subject to review and approval by the Board of Directors. About Lam Research: Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam's equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research (Nasdaq: LRCX) is a FORTUNE 500® company headquartered in Fremont, Calif., with operations around the globe. Learn more at (LRCX) Caution Regarding Forward-Looking Statements: Statements made in this press release that are not of historical fact are forward-looking statements and are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to, but are not limited to, our plans to make dividend payments, declare dividends, or grow dividend amounts. Some factors that may affect these forward-looking statements include: business, economic, political and/or regulatory conditions in the consumer electronics industry, the semiconductor industry and the overall economy may deteriorate or change; the actions of our customers and competitors may be inconsistent with our expectations; trade regulations, export controls, tariffs, trade disputes, and other geopolitical tensions may inhibit our ability to sell our products; supply chain cost increases, tariffs and other inflationary pressures have impacted and may continue to impact our profitability; supply chain disruptions or manufacturing capacity constraints may limit our ability to manufacture and sell our products; and natural and human-caused disasters, disease outbreaks, war, terrorism, political or governmental unrest or instability, or other events beyond our control may impact our operations and revenue in affected areas; as well as the other risks and uncertainties that are described in the documents filed or furnished by us with the Securities and Exchange Commission, including specifically the Risk Factors described in our annual report on Form 10-K for the fiscal year ended June 30, 2024 and quarterly report on Form 10-Q for the fiscal quarter ended March 30, 2025. These uncertainties and changes could materially affect the forward-looking statements and cause actual results to vary from expectations in a material way. The Company undertakes no obligation to update the information or statements made in this press release. Company Contacts:Ram GaneshInvestor Relations(510) 572-1615Email: View original content to download multimedia: SOURCE Lam Research Corporation Sign in to access your portfolio
Yahoo
14-05-2025
- Business
- Yahoo
Is Lam Research Corp. (LRCX) the Tech Stock That Trump's Fellow Republican Bought Amid Market Rout?
We recently published a list of . In this article, we are going to take a look at where Lam Research Corporation (NASDAQ:LRCX) stands against other tech stocks that Trump's fellow Republican bought amid market rout. Keeping track of politicians' stock investments is a good way of determining which stocks may receive favorable policy treatment from the government down the road. By looking at the committees these politicians sit in, and the policy matters they are dealing with, investors can gain insights into what's to follow for certain industries. The STOCK Act requires these politicians to report their trades within 45 days of placing them. These disclosures are then made public, making the process as transparent as possible. While looking at some recent disclosures, we noticed certain politicians who stood out. One such politician was Trump's fellow Republican Marjorie Taylor Greene, who bought stocks on the 3rd and 4th of April, two days when the S&P lost over 10% of its value! Some of these stocks have already recovered from their lows hit that day, showing how Ms Greene was able to buy stocks that recovered swiftly despite the broader market continuing to struggle. To come up with our list of 10 tech stocks that Trump's fellow Republican bought amid the market rout, we looked at the Republican's two recent filings on the 7th and 11th of April, where she reported these trades. We then ranked them by the number of hedge funds that hold the company's stock in their portfolio. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A technician operating an automated semiconductor processing machine with laser accuracy. Number of Hedge Fund Holders: 84 Lam Research Corporation (NASDAQ:LRCX) plays a critical role in the semiconductor supply chain, offering services such as the design and manufacturing of semiconductor equipment. It mainly covers the regions of North America, Europe, East Asia, and Southeast Asia. Lam Research (NASDAQ:LRCX) is expected to post very strong earnings this week as the demand for wafer fab equipment has stayed strong, particularly from China. The real question for the company is whether it can manage to stick to the guidance announced previously. The tough macro environment suggests the company is unlikely to improve on its guidance, so it seems to have peaked in that department, something that is keeping the stock under pressure. Here's what Morgan Stanley analyst Joseph Moore thinks about the upcoming earnings: 'Our view is that the company may be able to guide in-line or slightly better than street expectation, but macro uncertainty is unlikely to lead to street expectations being revised up any further from here, given expectations are already quite high.' Overall, LRCX ranks 6th on our list of tech stocks that Trump's fellow Republican bought amid market rout. While we acknowledge the potential of LRCX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than LRCX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
03-05-2025
- Business
- Yahoo
Lam Research Corporation (LRCX): Jim Cramer Is Blunt — 'Lam Is a Gem'
We recently published . In this article, we are going to take a look at where Lam Research Corporation (NASDAQ:LRCX) stands against other stocks that Jim Cramer discussed. In a recent appearance on CNBC's Squawk on the Street, Jim Cramer commented on the growing amount of stock buybacks and how the buybacks during April-May were the third best historically of the year. 'Well, I'll tell ya, the banks are the ones that are going to do it. They're gonna start it and the banks have an appetite for their stock that is crazy,' he said. Cramer also commented on President Trump's senior counselor for trade and manufacturing, Peter Navarro. Navarro is an ardent believer in the trade imbalance that the US faces abroad and Cramer agrees with the assessment. 'Well, Peter's got, strong views. Peter's a person with strong views,' according to Cramer. Despite the fact that markets were roiled in April due to the President's tariff announcements, when his co-host remarked that Navarro might not have the President's ear, Cramer replied: 'Well if that's the case, death by China is winning right now. And death by China is Navarro.' Another news bite that was brought up on the show was the decline in foreign arrivals in the US and the President saying the decline in foreign arrivals wasn't a big deal. Cramer agrees with Trump as he said: 'So far, not. I think that the dollar being cheap for the first time in our lifetime is gonna make people. . .but when you listen to Proctor, you're very conscious of the fact that the dollar's weak and IBM and I think that people in the end, they'll be excited. Excited to come to a place where the dollar's finally not crushing them. And that does matter.' However, he added: 'Well look, it's not, obviously I think that there's issues involving our country and how people view us and, look, you don't need me to tell which way the wind blows. But I would have thought there would have been more weakness in travel. I'm just surprised that it's just not bad.' To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC's Squawk on the Street aired on April 24th. For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Number of Hedge Fund Holders In Q4 2024: 84 Lam Research Corporation (NASDAQ:LRCX) is an American semiconductor company that makes and sells chip manufacturing equipment. It is one of the few firms of its kind in the world, which provides it with a wide moat in the industry. Lam Research Corp (NASDAQ:LRCX)'s shares are down by 1.4% year-to-date as they struggle to recover from a massive 19.9% drop in April after tariff announcements. Lam Research Corp (NASDAQ:LRCX)'s latest earnings report saw it grow revenue by 8% annually to $4.7 billion. Cramer was full of praise for the firm: '. . I thought Lam was great. I mean Lam was just chock-full of really good numbers.' Overall, LRCX ranks 9th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of LRCX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than LRCX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
21-04-2025
- Business
- Yahoo
Jim Cramer Warns Lam Research Corporation (LRCX) Could Face More China Hits
We recently published a list of . In this article, we are going to take a look at where Lam Research Corporation's (NASDAQ:LRCX) stands against other stocks that Jim Cramer discussed. On Thursday, Jim Cramer, the host of Mad Money, walked viewers through what he described as an important week ahead for Wall Street, with earnings season hitting full stride and a flood of quarterly reports expected from companies spanning multiple sectors. 'The fact is the president wants lower interest rates to help offset the pain from higher prices that gonna be caused by the tariffs, but higher prices represent inflation.' READ ALSO: 12 Stocks on Jim Cramer's Radar Recently and Jim Cramer Discussed These 12 Stocks Recently. 'The Federal Reserve never cuts rates when inflation's out of control,' Cramer emphasized and added that it may very well become the case if tariffs continue to drive up costs. He made it clear that he respects Fed Chair Jerome Powell as he described him as a capable public servant who, in Cramer's words, has 'generally done a good job.' Still, he acknowledged Powell's difficult position as he said the Fed chair is 'stuck between a rock and a hard place.' He added: 'Now history says he should be doing exactly what he's doing, but history is now in the eye of the beholder and there's only one beholder in this whole country and it ain't Jay Powell.' While Cramer stopped short of diving deeper into political commentary, he admitted he is growing increasingly weary of the political noise surrounding monetary policy. As earnings reports begin to dominate the conversation, he highlighted how swiftly sentiment on Wall Street can shift based on results and noted that the market is entering a phase where 'snap judgments' start flooding in after hours. 'Here's the bottom line: I know it's supposed to be a terrible time, right? I mean like woo, scary, but I don't know. The companies themselves they keep delivering and delivering, and you know what? I don't think next week's going to be any different.' For this article, we compiled a list of 25 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on April 17. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A technician operating an automated semiconductor processing machine with laser accuracy. Number of Hedge Fund Holders: 84 Noting that there is a possibility that Lam Research Corporation's (NASDAQ:LRCX) China business can be targeted by the government, Cramer said: 'Now, there's been an awful lot of talk about how much tech we sell into China, right? And when it comes to American-made technology, intellectual property, it doesn't get any better than Lam Research, the semiconductor capital equipment maker. Lam Research (NASDAQ:LRCX) specializes in designing, building, selling, refurbishing, and maintaining equipment used in making integrated circuits. Overall, LRCX ranks 16th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of LRCX as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than LRCX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
