Lam Research Corporation (LRCX)

Over the past six months, Lam Research Corp. stock has experienced significant positive momentum. The stock was up 125.54% in the last six months and 34.15% over the past 30 days as of January 12, 2026. As of January 8, 2026, the share price was $200.96, a substantial increase from $74.65 on January 10, 2025. Key events impacting the stock price include strong earnings reports, analyst upgrades and price target increases, AI-driven demand, a dividend announcement, and insider activity.

The semiconductor industry, in which Lam Research operates, is subject to cyclicality. However, current trends indicate a significant uplift in demand driven by AI, increasing chip complexity, new fab construction, and diverse end markets. While the industry experiences cycles, the long-term outlook for Lam Research is positive due to these structural drivers, which are expected to keep wafer fabrication equipment demand elevated through at least the late 2020s. The company aims to diversify its revenue streams by expanding its high-margin services business to buffer against hardware downturns.

Lam Research Corporation is an American supplier of wafer-fabrication equipment and related services to the semiconductor industry, headquartered in Fremont, California. The company designs, manufactures, refurbishes, markets, and services semiconductor processing systems used in the fabrication of integrated circuits. Its major products and technologies include thin film deposition, plasma etch, photoresist strip, wafer cleaning, and mass metrology systems. Lam Research's solutions are utilized by semiconductor foundry, memory, and integrated device manufacturers, as well as producers of power semiconductors, DRAM, radio frequency devices, and MEMS. The company operates under various brands, including SABRE, ALTUS, VECTOR, Striker, SPEED, Kiyo, Versys, Syndion, Vantex, EOS, Flex, Da Vinci, Coronus, and Semiverse.

Lam Research maintains a significant global presence, with its main headquarters in Fremont, California, U.S. The company operates in seven key regions: China, Korea, Taiwan, Japan, United States, Southeast Asia, and Europe. It has established manufacturing facilities in the U.S., South Korea, Malaysia, Taiwan, and Austria. Additionally, Lam Research has branch offices across the U.S., China, India, Japan, South Korea, Malaysia, Singapore, Taiwan, Austria, Belgium, France, Germany, Ireland, Israel, Italy, Switzerland, the Netherlands, and the U.K.

Lam Research has maintained a strong brand reputation within the semiconductor industry. On February 5, 2024, Lam Research was named one of Fortune's World's Most Admired Companies, ranking fourth in the global semiconductor industry and 183rd overall. This ranking reflects the esteem the company commands among its peers and business leaders, based on criteria such as investment value, quality of management and products, social responsibility, and ability to attract talent.

Lam Research Corporation has a significant institutional ownership, with institutional investors holding approximately 77% of the company's shares. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., and State Street Corp. Individual investors (retail investors) and insiders collectively own about 23% of the company, with insiders owning less than 1% of Lam Research Corporation.