Lam Research Corporation (NASDAQ:LRCX) has been a topic of significant interest recently. The corporation has made it to the news for several reasons including performance in the stock market and active participation at upcoming tech conferences. The shares of the company rose by
3.58% on Nov 21, while many asset management firms bought its shares, thereby solidifying its hold in the market. The market performance has sparked discussions about whether its stocks are a
buy,
sell, or
hold proposition. Further affirming its market position, Lam Research reported
20.71% revenue growth in Q4 with strong fundamentals in semiconductor processing equipment. Market experts like Jim Cramer have also shown positive outlook towards the corporation, expressing his belief in its impressive stock growth. With their recent expansion in portfolio with a new
PLD system, the future seems bright for LRCX. However, the shares also experienced a dip, prompting observers to analyze reasons for the decline. Despite the volatility, Lam Research has assured investors of its
strong demand in China despite US chip curbs and continues to attract investor attention.
Lam Research Corp LRCX News Analytics from Wed, 01 May 2024 07:00:00 GMT to Sat, 23 Nov 2024 11:12:49 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 2
