The Latest Breaking News from Lam Research

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Over the past 3 months, 9 analysts have published their opinion on Lam Research (NASDAQ:LRCX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Lam Research (NASDAQ:LRCX) has outperformed the market over the past 15 years by 9.12% on an annualized basis producing an average annual return of 15.33%. Currently, Lam Research has a market capitalization of $62.26 billion.

Someone with a lot of money to spend has taken a bullish stance on Lam Research (NASDAQ:LRCX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Increasing demand for chips along with governments’ progressive policies is leading the way for exponential growth for the semiconductor industry. So, semiconductor companies Applied Materials (AMAT) and Lam Research (LRCX) should benefit from industry tailwinds. But which of these two stocks is a better buy now? Read more to find…

Lam Research's (NASDAQ:LRCX) short percent of float has fallen 20.47% since its last report. The company recently reported that it has 1.40 million shares sold short, which is 1.01% of all regular shares that are available for trading.

Lam Research (NASDAQ:LRCX) has outperformed the market over the past 20 years by 9.01% on an annualized basis producing an average annual return of 16.12%. Currently, Lam Research has a market capitalization of $67.00 billion.

Shares of semiconductor stocks, including Lam Research Corporation (NASDAQ: LRCX), are trading higher in sympathy with QUALCOMM, Inc. (NASDAQ: QCOM), which reported better-than-expected second-quarter EPS and sales resu

Piper Sandler cut Lam Research Corporation (NASDAQ: LRCX) price target from $627 to $596. Lam Research shares fell 1.8% to $472.61 in pre-market trading.

Lam Research (NASDAQ:LRCX) reported its Q3 earnings results on Wednesday, April 20, 2022 at 04:05 PM. Here's what investors need to know about the announcement.

Lam Research (NASDAQ:LRCX) has outperformed the market over the past 10 years by 15.7% on an annualized basis producing an average annual return of 28.17%. Currently, Lam Research has a market capitalization of $66.77 billion.