Profile
Sector:
TechnologyIndustry:
Semiconductor Equipment & MaterialsCountry:
United StatesIPO:
04 May 1984Website:
http://www.lamresearch.comNext earnings report:
26 July 2024Last dividends:
18 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:58:20 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
LRCX Latest News
Lam Research is part of the semiconductor capital equipment industry, which was in a cyclical downturn in 2023. Industry experts anticipate semiconductor capital equipment spending to recover in the latter half of 2024, potentially boosting the company's stock performance in 2025. It benefits from AI adoption and the need for higher performance and more power-efficient chips.
Semiconductors power many devices and appliances that we use every day. They form the bedrock for smartphones, computers, cars, refrigerators, and other essentials.
Does Lam Research (LRCX) have what it takes to be a top stock pick for momentum investors? Let's find out.
Recently, Zacks.com users have been paying close attention to Lam Research (LRCX). This makes it worthwhile to examine what the stock has in store.
The AI boom is here, and industry supplier Lam Research Corporation (LRCX) is gaining as the technology grows.
Lam Research (LRCX) closed the most recent trading day at $1,038.50, moving +0.08% from the previous trading session.
Investors have gravitated to companies enacting stock splits during periods of uncertainty on Wall Street. More than a half-dozen high-profile businesses have announced or completed forward-stock splits since 2024 began.
The latest trading day saw Lam Research (LRCX) settling at $962.19, representing a -0.98% change from its previous close.
After reaching an important support level, Lam Research (LRCX) could be a good stock pick from a technical perspective. LRCX surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
From a technical perspective, Lam Research (LRCX) is looking like an interesting pick, as it just reached a key level of support. LRCX recently overtook the 50-day moving average, and this suggests a short-term bullish trend.
What type of business is Lam Research?
Lam Research Corporation is one of the world's leading suppliers of innovative equipment and services for the semiconductor industry. The company was founded in 1980 and is headquartered in Fremont, California. Lam Research Corporation has key competencies in areas such as nanoscale applications, chemistry, plasma and fluidics, advanced system engineering, and a wide range of operational disciplines. The company's products and services enable semiconductor manufacturers to create faster and more efficient devices used in various electronic products, including mobile phones, PCs, servers, automotive vehicles, and data storage devices.
What sector is Lam Research in?
Lam Research is in the Technology sector
What industry is Lam Research in?
Lam Research is in the Semiconductor Equipment & Materials industry
What country is Lam Research from?
Lam Research is headquartered in United States
When did Lam Research go public?
Lam Research initial public offering (IPO) was on 04 May 1984
What is Lam Research website?
https://www.lamresearch.com
Is Lam Research in the S&P 500?
Yes, Lam Research is included in the S&P 500 index
Is Lam Research in the NASDAQ 100?
Yes, Lam Research is included in the NASDAQ 100 index
Is Lam Research in the Dow Jones?
No, Lam Research is not included in the Dow Jones index
When does Lam Research report earnings?
The next expected earnings date for Lam Research is 26 July 2024