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Leo Miller

Lam Research: Is a NAND Upgrade Cycle the Next Growth Catalyst?

Shares of semiconductor equipment maker Lam Research (NASDAQ: LRCX) are off to a hot start in 2025. Around half of the stock's 15% gain on the year came the day after its full-year 2024 earnings release. Below, I’ll provide a detailed breakdown of the important financial metrics in the tech company’s report. I’ll also analyze the prospects of a key growth driver: NAND memory. I’ll conclude by giving my overall take on Lam Research shares.

Lam's Financials Outshine Expectations

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