This Incredibly Cheap Semiconductor Stock Is About to Go on a Terrific Bull Run
Share prices of Lam Research (NASDAQ: LRCX) 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 outlook indicate that it is doing well despite those challenges, thanks to the robust demand for its chipmaking equipment sparked by catalysts such as artificial intelligence (AI).Let's take a closer look at the factors driving Lam's growth and examine why this semiconductor stock is worth buying hand over fist right now.Continue reading
Share prices of Lam Research (NASDAQ: LRCX) 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 outlook indicate that it is doing well despite those challenges, thanks to the robust demand for its chipmaking equipment sparked by catalysts such as artificial intelligence (AI).
Let's take a closer look at the factors driving Lam's growth and examine why this semiconductor stock is worth buying hand over fist right now.
