Professional
Added to YB: 2026-03-18
Pitch date: 2026-01-23
LRCX [neutral]
Lam Research Corporation
+3.54%
current return
Author Info
No bio for this author
Company Info
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe.
Market Cap
$274.0B
Pitch Price
$218.72
Price Target
N/A
Dividend
0.47%
EV/EBITDA
36.21
P/E
45.03
EV/Sales
13.24
Sector
Semiconductors and Semiconductor Equipment
Category
value
Artisan Value Fund Portfolio Holding: Lam Research Corporation
LRCX (holding update): Global leader in wafer fabrication equipment for semiconductors. Purchased April 2025 at ~$60 (50% below July 2024 highs) during post-Liberation Day selloff. Strong AI datacenter demand, net cash balance sheet, 100% earnings return via buybacks/dividends. 17x P/E on cyclically depressed earnings viewed as attractive for compounding business serving memory & foundry/logic markets.
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