Is Lam Research Stock Outperforming the S&P 500?

With a market cap of $98.1 billion, Fremont, California-based Lam Research Corporation (LRCX) is a leading global supplier of semiconductor wafer fabrication equipment and services, specializing in nanoscale applications, plasma, fluidics, and advanced systems engineering. Its innovative products help customers manufacture high-performance semiconductor devices used in electronics such as smartphones, computers, and automotive systems.

Companies valued at $10 billion or more are generally described as “large-cap” stocks, and Lam Research fits right into that category. The company provides a wide range of solutions, including deposition, etch, and wafer cleaning systems, serving major semiconductor manufacturers worldwide.