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Benzinga
Benzinga
Business
Anusuya Lahiri

Lam Research Remains Top Pick Despite China Risks, Says Analyst

Lam Lam Research China Vivek Arya Lam Research Corp Lam Research Corporation LRCX United States
Lam Research Corp.

Lam Research Corporation (NASDAQ:LRCX) is poised for robust growth in 2026 despite China-related challenges, driven by strong demand for advanced foundry, DRAM, and NAND upgrades, with AI-related investments further boosting its wafer fabrication opportunities and long-term earnings potential.

According to a research note, Bank of America Securities analyst Vivek Arya named Lam Research his top pick in the semiconductor equipment sector, maintaining a Buy rating and setting a price forecast of $165.

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