LRCX has been in the news 321% more than usual
May 15, 2025, 4:31 PM
2.06%
What does LRCX do
Lam Research, headquartered in Fremont, California, designs and manufactures semiconductor processing equipment for integrated circuits, employing 17,200 people and serving various electronic product manufacturers. Its diverse product portfolio supports sectors like memory, foundries, and integrated device manufacturers.
LRCX has been in the news recently: Nvidia shares increased by 5.6% on Tuesday, driven by CEO Jensen Huang's announcement of selling 18,000 chips to Saudi Arabia. Meanwhile, Lam Research (LRCX) is expected to grow, aiming for a target price of $113 as U.S.-China trade tensions begin to ease.
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