Added to YB: 2026-09-22
Pitch date: 2026-07-22
LRCX [bullish]
Lam Research Corporation
-4.19%
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
$360.5B
Pitch Price
$315.50
Price Target
N/A
Dividend
0.36%
EV/EBITDA
40.77
P/E
50.02
EV/Sales
15.45
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Columbia Seligman Global Technology Fund Portfolio Holding: Lam Research Corporation
LRCX (hold): Lam Research was one of the fund’s largest positions during the quarter, and its shares appreciated as investors grew more optimistic that AI-driven data-center spending would sustain demand for advanced semiconductor manufacturing equipment while memory customers accelerated investment in high-bandwidth memory and DRAM capacity. The stock also benefited from improving industry fundamentals and strong earnings execution, while confidence that leading-edge logic and memory capital expenditures would remain elevated through 2026 supported Lam’s revenue and margin outlook.
Read full article (1 min)