The Latest Breaking News from Lam Research

Semiconductor equipment firms will benefit from the AI megatrend next year as chipmakers upgrade their gear, a Wall Street analyst says.

The One Big, Beautiful Bill (OBBB) is now the law of the land, with President Trump taking a victory lap after signing the legislation into law on July 4, 2025.

Semiconductor manufacturing equipment giant Lam Research (NASDAQ:LRCX) has seen its stock surge a remarkable 40% year-to-date, significantly outperforming the Nasdaq 100 index’s nearly 9% gain.

Lam Research is expected to announce its fiscal fourth-quarter earnings later this month, and analysts project a double-digit earnings growth.

Lam Research Corp (NASDAQ:LRCX), a go-to supplier for chip giants like Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) and Samsung Electronics Co (OTCPK:SSNLF), just flashed a golden signal on its chart – a technical Golden Cross – as the stock surged nearly 25% year to date.

Semiconductor equipment stocks, including KLA and Lam, have been on the upswing lately amid an improving outlook for the sector.

Lam Research saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 94 to 96.

Lam Research sees its Relative Strength Rating reach the 80-plus level.

Lam Research shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

While Lam Research has underperformed the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

It’s not about any particular opinion that’s going to drive LRCX stock but suppressed demand — combined with some gamma exposure — that can help swing the needle.