Lam Research Corporation (LRCX)

Lam Research Corp. stock has grown significantly in the past six months, with a gain of 115.67%. The stock is up 109.4% year-to-date in 2025 and jumped 22% in the past month, reaching new all-time highs. This growth is attributed to strong earnings reports, optimistic guidance, dividend increases and share repurchases, and analyst upgrades.

The semiconductor industry is cyclical, and December quarters are not typically strong for growth. However, current demand is robust due to the AI revolution, investments in NAND and DRAM, a strong customer service business group, and demand from regions offsetting potential impacts from trade restrictions and geopolitical risks.

Lam Research Corporation is a global supplier of wafer-fabrication equipment and services for the semiconductor industry, focusing on front-end wafer processing and equipment for back-end wafer-level packaging and MEMS. Their products include equipment for thin film deposition, plasma etch, photoresist strip, and wafer cleaning processes, with key product series like Kiyo®, Flex®, VECTOR®, and Striker®. The company serves leading semiconductor memory, foundry, and integrated device manufacturers.

Lam Research Corp. operates globally in seven regions: China, Korea, Taiwan, Japan, the United States, Southeast Asia, and Europe. China accounted for 43% of its revenue, Taiwan for 19%, and Korea for 15% in the September 2025 quarter. The company has expanded its operations with facilities in Malaysia and India.

Lam Research maintains a strong brand reputation due to its technological leadership, innovation, and robust financial performance in the semiconductor equipment industry. This is supported by its leadership in AI-driven semiconductor manufacturing, strategic acquisitions like Semsysco GmbH and Esgee Technologies, Inc., and consistent financial outperformance.

Institutional investors hold a significant majority (87%) of Lam Research Corporation's shares, with BlackRock, Inc. being the largest shareholder. Other institutional investors have recently increased their holdings in LRCX. Individual investors hold a smaller percentage of the company's stock.