This Incredibly Cheap Semiconductor Stock Is About to Go on a Terrific Bull Run

Share prices of Lam Research (LRCX 1.23%) shot up more than 6% following the April 23 release of its fiscal 2025 third-quarter earnings (for the three months ended March 30), driven by the company's stronger-than-expected results and guidance that point toward strong demand for its semiconductor manufacturing equipment.So far this year, the stock has been under pressure due to its reliance on China for a large chunk of sales and the turmoil caused by the ongoing tariff war. However, Lam's results and outloo ...