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Barchart
Barchart
Faisal Humayun Khan

As Lam Research Joins the Tesla Terafab, Should You Buy, Sell, or Hold LRCX Stock?

Lam Research LRCX Lam Terafab Tesla Inc. Applied Materials

Any story related to the semiconductor industry has practically turned into gold in the last 12 to 18 months. Lam Research (LRCX) is no exception, with LRCX stock up more than 318% in the last 52 weeks. The rally in the wafer fabrication equipment (WFE) and services provider has been backed by positive fundamental developments. 

In maybe the most recent development, Elon Musk's Terafab project has reportedly reached out to firms like Lam Research and Applied Materials (AMAT) for potential supplies. It’s worth noting that Terafab is a joint venture (JV) that involves Tesla (TSLA), SpaceX, and xAI. 

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