Core Viewpoint - Lam Research Corporation (LRCX) is experiencing a steady rebound in 2025, with a year-to-date price increase of 7.6%, following a decline of 7.8% in 2024, outperforming key semiconductor peers [1] Group 1: Financial Performance - In the second quarter of fiscal 2025, Lam Research reported revenues of $4.38 billion, reflecting a year-over-year increase of 16.4%, and earnings per share (EPS) of 91 cents, which is a 7% increase [8] - The Zacks Consensus Estimate for fiscal 2025 indicates continued stability, with projected year-over-year growth of 18.8% in revenues and 24.8% in EPS [8] Group 2: Market Position and Growth Catalysts - Lam Research is benefiting from the increasing demand for AI and datacenter chips, which require advanced fabrication technologies, positioning the company as a key beneficiary of the next semiconductor spending cycle [4][7] - Shipments for gate-all-around nodes and advanced packaging exceeded $1 billion in 2024, with expectations to triple to over $3 billion by 2025 [5] - The company's investment in research & development and product innovation, including the newly launched Cryo 3.0 technology, is enhancing its competitive edge in semiconductor manufacturing [9] Group 3: Strategic Developments - Lam Research's Aether dry-resist solution has been selected as the production tool of record for high-bandwidth DRAM, highlighting its growing influence in the memory fabrication market [10] - The company has expanded its manufacturing footprint in Asia, improving cost efficiencies and responsiveness to customer demand, resulting in a 160-basis point expansion in operating margins in 2024 [11] Group 4: Industry Trends - The NAND flash market is showing early signs of recovery, with Lam Research positioned to benefit from this trend, particularly through its molybdenum and carbon gap fill solutions [12][13] - The ongoing transition to higher-layer counts in NAND technology supports a multi-year upgrade cycle, which is favorable for Lam's revenue trajectory [14]

Lam Research (LRCX) ended the recent trading session at $78.31, demonstrating a -0.48% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.64%. Meanwhile, the Dow gained 0.85%, and the Nasdaq, a tech-heavy index, added 0.31%.Shares of the semiconductor equipment maker witnessed a loss of 4.91% over the previous month, beating the performance of the Computer and Technology sector with its loss of 11.22% and the S&P 500's loss of 7.69%.Analysts and investors alike wi ...

Group 1: Stock Splits and Market Implications - A stock split does not alter the underlying fundamentals of a business but makes shares more affordable for retail investors [1] - Management's announcement of a stock split can signal continued price appreciation in the future [2] Group 2: Lam Research - Lam Research is a leading manufacturer of wafer fabrication equipment essential for producing AI chips, particularly memory chips [4] - The company aims to capture over 50% of the incremental growth in its serviceable addressable market over the next four years, leading to accelerated revenue growth [5] - Lam Research's stock trades around $75, with a median analyst price target of $100, indicating a 33% upside potential [6] - Management projects revenue growth of 11.5% to 13.6% over the next four years, with operating margins expected to expand to the mid-30% range by 2024 [7] - The company is well-positioned to benefit from growing memory demand and has significant resources for R&D, ensuring it remains competitive [8] - Lam Research's stock is valued at less than 20 times forward earnings, with a commitment to return 85% of growing free cash flow to shareholders through dividends and buybacks [9] Group 3: Palo Alto Networks - Palo Alto Networks is a leading provider of cybersecurity software and equipment, with increasing demand due to hybrid work environments and cloud migration [10] - The company has unified its products into a single system, achieving 1,150 platformizations, a 35% increase year-over-year [11] - This strategy enhances the stickiness of its cybersecurity solutions and provides a data advantage for machine learning algorithms [12] - Annual recurring revenue for next-gen solutions grew 37% year-over-year, reaching $4.78 billion, with remaining performance obligations growth at 21% [13] - Palo Alto Networks' stock trades at an enterprise value of about 13 times expected revenue, with potential for 15% annual top-line growth and improving margins [14]

I covered Lam Research Corporation (NASDAQ: LRCX ) stock in December, and back then it was more or less stuck in the mud. Fast-forward to March, and the stock remains neutral as the tech industry navigates a temporary rough patch. Nevertheless, for those whoMuslim Farooque is a leading financial journalist and market analyst with over five years of expertise in covering the stock and cryptocurrency markets. His work has been widely featured on platforms such as Seeking Alpha, InvestorPlace, GuruFocus, BarCh ...

Core Insights - The article highlights the author's extensive experience in both equity and real estate markets, focusing on identifying long-only investment opportunities that provide safe and growing dividends [1] - The author has successfully sourced over $100 million in commercial real estate investments while serving as an Analyst and Acquisitions Director at a private equity real estate investment firm [1] - The emphasis on correlation across asset classes and sectors, along with a background in economics, enables the author to provide timely analyses and strategies for investors [1] Company and Industry Summary - The author has a beneficial long position in the shares of LRCX, indicating a positive outlook on the company's performance [1] - The author's educational background includes a degree in Economics and a minor in Applied Mathematics, which supports their analytical capabilities in the investment field [1] - The decision to contribute to Seeking Alpha reflects a commitment to sharing insights and strategies for wealth creation in evolving market conditions [1]

FREMONT, Calif., March 11, 2025 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced that it has received the 2025 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Lam is the only wafer fabrication equipment provider included on this year's list of honorees. “World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC. "We are proud to be recogni ...

Today I want to explain why I rate Lam Research ( LRCX ) as a BUY, based on my belief that they will be one of the main players in the coming technological boom, thanks to their leading position asI am a value dividend investor with an eye for heavy long term compounding. Whenever I see a company that is heavily undervalued with large upside, I always jump in to take my share of the riches. I have been investing since I can remember, specialising in long term growth dividend companies, so that one day I wou ...

The latest trading session saw Lam Research (LRCX) ending at $76.77, denoting a +0.79% adjustment from its last day's close. This change lagged the S&P 500's 1.59% gain on the day. Meanwhile, the Dow experienced a rise of 1.39%, and the technology-dominated Nasdaq saw an increase of 1.63%.Prior to today's trading, shares of the semiconductor equipment maker had lost 5.65% over the past month. This has lagged the Computer and Technology sector's loss of 3.43% and the S&P 500's loss of 2.42% in that time.The ...

Core Viewpoint - Lam Research reported strong second-quarter fiscal 2025 results, with both earnings and revenues exceeding estimates, driven by robust demand in DRAM and Foundry Logic, alongside disciplined cost management [2][3]. Financial Performance - Non-GAAP earnings for Q2 fiscal 2025 were 91 cents per share, beating the Zacks Consensus Estimate by 4.6% and reflecting a 7% year-over-year increase [2]. - Revenues for the quarter reached $4.38 billion, surpassing the consensus mark by 1.6% and increasing 5% from $4.17 billion in the same quarter last year [3]. Segment Analysis - System revenues accounted for $2.63 billion (60% of total revenues), up 9.7% from the previous quarter and 14.2% year-over-year, although it missed the consensus estimate of $2.69 billion [4]. - Customer Support Business Group revenues were $1.75 billion (40% of total revenues), down 1.4% from the previous quarter but up 20% year-over-year, beating the consensus estimate of $1.61 billion [4]. Geographic Revenue Breakdown - In Q2 fiscal 2025, China, Korea, and Taiwan contributed 31%, 25%, and 17% of total revenues, respectively, while Japan, Southeast Asia, the United States, and Europe accounted for 8%, 7%, 9%, and 3% [5]. Operating Metrics - The non-GAAP gross margin was 47.5%, a contraction of 70 basis points from the previous quarter, while non-GAAP operating expenses rose to $735 million, up 1.8% [6]. - The non-GAAP operating margin was 30.7%, down 20 basis points from the previous quarter [6]. Balance Sheet and Cash Flow - As of December 29, 2024, cash and cash equivalents were $5.67 billion, down from $6.08 billion as of September 29, 2024 [7]. - Cash flow from operating activities was $742 million for the quarter, a decrease from $1.57 billion in the previous quarter [7]. - The company paid dividends of $297.6 million and repurchased shares worth $650 million during the reported quarter [7]. Future Guidance - For Q3 fiscal 2025, Lam Research expects revenues to be approximately $4.65 billion (+/- $300 million), with a projected non-GAAP gross margin of 48% (+/-1%) and an operating margin of 32% [8][9]. Estimate Trends - There has been an upward trend in estimates, with the consensus estimate shifting by 14.58% recently [10]. VGM Scores - Lam Research currently holds an average Growth Score of C, a Momentum Score of B, and a Value Score of C, resulting in an aggregate VGM Score of C [11]. Overall Outlook - Estimates for Lam Research have been trending upward, indicating a promising outlook, with a Zacks Rank of 3 (Hold), suggesting an expectation of in-line returns in the coming months [12].

A great way to find promising growth stocks is checking what the smartest investors are buying. Billionaires are interested in preserving and growing their wealth, and they have the resources to conduct exhaustive research in companies that might be out of reach for the average investor.Here are two recent billionaire picks that could be smart buys for 2025 and beyond.1. Lam ResearchArtificial intelligence (AI) is transforming business operations and driving significant growth for the semiconductor industry ...