LAM RESEARCH NASDAQ: LRCX
Background of Lam Research
- Lam Research Corp is an American corporation that is involved with the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits.
- Lam Research Corp is headquartered in Fremont, California, in the Silicon Valley.
- Lam Research Corp oversees a high value portfolio of products that are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices like transistors and capacitors and their wiring.
- Lam Research Corp has a rich history that dates to 1980 when the company was founded by Dr David K. Lam, who realised the need for better plasma etching equipment, to keep up with the rapid miniaturization of semiconductor wafers.
- As of 2018, Lam Research Corp was the second largest manufacturer in the Bay Area, after Tesla.
- Lam Research Corp introduced its first product, the AutoEtch 480, an automated polysilicon plasma etcher, in 1981.
- In May 1984, Lam Research Corp issued an IPO and was listed on NASDAQ, with the symbol LRCX.
- In the mid-1980s, Lam Research Corp continued its global expansion, concentrating on Taiwan and opening customer support centres throughout Europe, the United States and Japan.
- In 1997, purchased OnTrak Systems Inc., a chip equipment manufacturer that specialised in chemical-mechanical planarization (CMP) cleaning.
- In 2006, Lam Research Corp acquired Bullen Semiconductor, now Silfex, Inc. and in 2008, the company acquired SEZ AG, now Lam Research AG.
- In 2012, Lam Research Corp bought chip equipment manufacturer Novellus Systems.
- In June 2016, Lam Research Corp had joined the Fortune 500 for the first time.
- Today, Lam Research Corp is truly one of the most valuable Semiconductor Equipment & Materials companies in the world with a market capitalization of US$ 88.371 billion recorded in July 2025.
- In 2025 the total staff compliment for Lam Research Corp was more than 13 100.
- Lam Research Corp’s executive leadership team consists of: Abhijit Y. Talwalkar – Chairman of the Board; Timothy M. Archer – President, Chief Executive Officer, Director; Douglas R. Bettinger – Chief Financial Officer, Executive Vice President, Chief Accounting Officer; Richard A. Gottscho – Executive Vice President, Corporate Chief Technology Officer; and Vahid Vahedi – Senior Vice President and General Manager – Etch Business Unit.
Lam Research Shares Growth Driver
- Lam Research Corp’s products and services are designed to help its customers build performing devices that are used in a variety of electronic products, including mobile phones, personal computers, servers, wearables, automotive vehicles, and data storage devices.
- Lam Research Corp’s customer base includes semiconductor memory, foundry, and integrated device manufacturers (IDMs) that make products such as non-volatile memory (NVM), dynamic random-access memory (DRAM), and logic devices.
- Over the past 12 months, Lam Research Corp shares have appreciated 138%, with consistent earnings of one of the main drivers of the stock price.
- Considering the expected increase in demand for high-end chips along with the rollout of 5G technology, Lam Research Corp can be expected to deliver strong earnings in the next couple of years too.
- Lam Research Corp’s solid revenue performance was mainly due to an increase in Foundry related systems and record performances in its customer support business group, with increases in all parts of that business since customers’ elevated levels of utilisation drove the need for consumption of spare parts and services.
- Lam Research Corp is focuses on its foundry business, which continues to see strong demand as chipmakers are continuing to invest millions of dollars to bring 5nm chips to the market.
- In March Lam Research Corp announced the release of a fully redesigned plasma etch technology and system solution to provide chipmakers with advanced flexibility for future innovation.
- Lam Research Corp’s decision to invest in improving its dry etch technology is a critical step in the chip manufacturing process and may pay off handsomely in the future.
- As such, the company’s innovative and competitive portfolio has allowed it to defy the market trends surrounding the coronavirus pandemic, with performance and shares still attractive after a tumultuous 2025.
Lam Research Investor Tip
- Lam Research Corp trades its shares on the NASDAQ Stock Market (NASDAQ) under the stock symbol LRCX. Lam Research Corp forms part of both the NASDAQ-100 and S&P 500 Components.
- An analysis on Lam Research Corp’s market performance and income statement indicates Revenue (ttm) of 13.27 billion, Revenue Per Share (ttm) 92.00, Quarterly Revenue Growth (yoy) 53.70%, Gross Profit (ttm) 4.61 billion, EBITDA 4.22 billion, Net Income Avi to Common (ttm) 3.46 billion and Diluted EPS (ttm) 23.65.
- Lam Research Corp designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide.
- Lam Research Corp’s current price of $637 per share is up almost 3.5x from its low in March 2025 and is believed to have further upside potential.
- Lam Research Corp has seen its stock rise from $187 to $637 off its March 2025 low, much more than the S&P which increased by about 85% from its lows.
- Further, Lam Research Corp stock is up almost 90% from the level it was at before the pandemic and it is believed that it could rise almost 10% to set fresh highs above $700, driven by expectations of continuing demand growth and strong Q3 2025 results.
- Lam Research Corp’s P/E (price-to-earnings) multiple rose from 9x in 2018 to 30x by 2025 end, and has since risen to 41x currently, indicating the potential to rise further in the near term on expectations of continuing demand growth and a favourable shareholder return policy, driving the stock price higher.
- The global spread of coronavirus and the resulting lockdowns affected semiconductor demand in early 2025, but things have improved and the demand for Lam Research Corp’s semiconductor processing equipment has risen, as was evident from the company’s Q3 2025 earnings, with revenue higher at $3.85 billion from $2.5 billion for the same period last year.
- Operating expenses rose at a slower rate than the growth in revenue, which led to operating margins rising.
- Lam Research Corp delivered a stable performance despite the economic impact which resulted from the global coronavirus pandemic. This stable performance can be largely owed to the company’s diverse portfolio, as well as its strong medical supplies sector which witnessed growing demand as hospitals geared up to combat the virus.
- With sound financials and significant, consistent, and continuous growth forecasted for the remainder of 2025, shareholders who buy or sell shares can expect lucrative dividends and returns.
- Overall, the company’s a stable performance has resulted in healthy dividends and a good share price for investors who choose to purchase shares today, securing a decent buy-in in 2025 and in the future.
- Data from this analysis should be weighed against forecasted performance during this pandemic, but for now, prices on shares and in turn dividends remain unaffected, which provides shareholders with assurance that they will have a strong buy-in on NASDAQ.
Sector
Technology
Industry
Tech hardware and semiconductor
Sub industry
Semiconductor
Latest News
Lam Research: How to buy Lam Research Shares Online
Here are the steps you need to follow to buy Lam Research Corp shares with utmost confidence:
- Navigate to the AvATrade website and select ‘Register’.
- Complete the registration form with the required information and submit documentation to verify your proof of Identity along with your proof of address.
- As soon as your account application has been reviewed and approved, you can select your trading platform from AvATrade’s website, or by visiting the MetaTrader 4 or MetaTrader 5 websites respectively to start download.
- Once you have downloaded the trading platform of your choice, you can use your AvATrade live account details to log into your AvATrade account on the trading platform.
- From the Market Watch screen on both MetaTrader 4 and MetaTrader 5, you can select ‘Lam Research Corp’ or ‘LRCX’ to buy/purchase shares.
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FAQ
Can I buy Lam Research Corp shares in South Africa?
Yes, you can.
How to buy Lam Research Corp shares?
By simply opening a free account with SA Shares, or by clicking the “Buy this Share” button to get started.
What is the current share price?
By clicking on the link provided above, you can view the real-time Lam Research Corp share price on the platform.
Is Lam Research Corp a good share to buy?
Yes, it is. Despite the growing concerns surrounding Covid-19, Lam Research Corp is continuing manufacturing, sales and delivery of its products and it is forecasted to be one of the very few automotive companies to make a significant rebound post-Covid-19.
Can I buy Lam Research Corp CFD through SA Shares?
Yes, you can.
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