Analysts Cite Secular Trends For Lam Research Corporation (LRCX)'s Development

robot
Abstract generation in progress

Argus Research raised its price target for Lam Research Corporation (LRCX) to $280 from $175 and maintained a Buy rating, citing strong Q2 results and the company’s positioning for long-term growth due to secular trends like generative AI and cloud data centers. Additionally, LRCX and CEA-Leti announced a new multi-year agreement to advance next-generation Specialty Technology devices, focusing on innovative materials and fabrication techniques for AI and high-performance computing. Lam Research Corporation is a key player in semiconductor equipment, manufacturing integrated circuits and AI-era chips globally.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)