Lam Research Stock Soars, Analysts Predict Further Gains

Lam Research, a semiconductor equipment giant, has seen its stock skyrocket by over 100% in the past year, significantly outpacing the broader market. This growth is driven by surging demand for AI and data center chips, along with favorable government policies. Analysts predict a 15% earnings per share growth for the fiscal year ending June 2026, with a Moderate Buy rating and potential upside of 9%.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.