How Is Lam Research's Stock Performance Compared to Other Semiconductor Stocks?

Fremont, California-based Lam Research Corporation (LRCX) is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. With a market cap of $100.7 billion, Lam operates as a fundamental enabler of the fourth industrial revolution and a trusted partner to the world’s leading semiconductor companies.

Companies worth $10 billion or more are generally described as "large-cap stocks," Lam Research fits this bill perfectly. Given the company’s widespread operations across the U.S., Indo-Pacific and EMEA, its valuation above this mark is not surprising. Lam focuses on designing and manufacturing semiconductor processing equipment used in the fabrication of integrated circuits and pushes the boundaries of technical limitations.