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Lam Research Corporation (LRCX)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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729.82+43.05 (+6.27%)
At close: 04:00PM EST
729.50 -0.32 (-0.04%)
After hours: 07:59PM EST
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  • P
    Pikop
    The markets are finally digesting how much Lam will benefit from Taiwan Semi's massive $44B in new facilities. No doubt others like Samsung will also boost investment to keep up. All good news for Lam. As an investor, I'm happy to see LRCX has outpaced ASML, AMAT, and KLA after TSM's earnings call.
  • G
    Gerry
    1/10/2022----Bank of America raises LRCX price target to $785 from $675. They are quite conservative, also raised AMAT from $170 to $190, KLAC from $450 to $500 and MU from $100 to $118. Good for the chip sector.
  • G
    Gerry
    Volatility doesn't bother me when I have "true conviction" for where a stock (like Lam) is going. BUT ......this is really extreme. LRCX was up over 6% and gave it all up in the 381 point drop in the Nasdaq. Literally .....this stock was up $45.00 in the morning and finished up $0.45 at the close. Not sure I've seen that in my 37 years of investing.
  • G
    Gerry
    Just an FYI here. The Fed pulling some liquidity off the table is good news for companies that make a lot of money like LRCX. On a side note: Jefferies today placed a price target of $869 on LRCX and $197 on AMAT. If we take another dip tomorrow I am buying more Lam. Good Luck all.
  • n
    nycapitalist
    $AMAT conversation
    TSMC reports tomorrow. We'll see which way the wind is blowing after that. Whispers say it will be positive. $lrcx $amat
  • l
    lopezpadilla
    Anyone ever use (http://Themaxgains.tech)? Their picks are so much better than the ones shared on this message board!
  • L
    Lily
    #1 Trade Idea For 2022 👀🔥📈

    https://bullish-trades.com/top-trade-ideas
  • G
    Gerry
    That TSMC report is going to cause these $750-$900 price targets to get reached ahead of schedule. Chip manufacturing is still growing FAST, we are not near the peak.
  • G
    Gerry
    1/4/2022....Emily Hill (Bowerstock Capital Management) names LRCX as one of her top picks in the space. She was a guest on the CNBC Closing Bell.
  • G
    Gerry
    I added today. Earnings report is Jan 26th
  • p
    phil
    $AMAT conversation
    Have to laugh.

    TSMC tells the world they simply can't make enough chips and their capital spending is going up massively in 2022. So what happens to the stocks of the companies who need to supply that capital? They go ... down?!!

    Markets are unpredictable and stocks can do stupid things. Today with $AMAT, $LRCX, $ASML, $KLAC. Just stupid.

    The TSMC report/comments tell the big picture story. The demand for chips is enormous and the capacity can not serve the demand. Not even close. You can book another strong year for all of these eqpt companies. If there is genuine bad news at some point it'll have to wait until at least 2023.

    Alas, certain idiots keep predicting a glut (gotta hear both sides, right?) is comng. So far, they've been wrong 11 times in row, but hey, they might be right one day. Some day. But not in 2022 And likely not in 2023, either. Just too many big time demand drivers
  • j
    jameison
    I heard about LRCX the other day on http://financialdeals.tech. It’s looking like an interesting play.
  • Z
    Zoey
    added today
  • J
    John
    Intel, Samsung, and Taiwan Semiconductor are building plants in U.S.A.,who will supply them equipment? Lam Research, ASML, or Amat?
  • G
    Gerry
    I bought more on this dip below $710. Just a little market rotation. It won't last. Lam is going to $750 (at least).
  • J
    James
    I wonder if Lam’s dry resist will come to replace Tokyo Electron’s MOR for EUV chips. Five billion in annual revenue is on the line.
  • R
    Robert
    Up graded yesterday to $869 and down $30 today!! Wow
  • Z
    Zoey
    in at @677 lets gooooooo!
  • n
    nycapitalist
    $AMAT conversation
    Today's action had nothing to do with $amat or $lrcx specifically. Market still panicky and frightened over omicron and inflation. The TSMC report tells the story of what is going on in this industry. Any weakness will be bought up in the near future (tomorrow?). JMHO.
  • M
    Moobyet
    My only hero’s in this market are Amat, and Lrcx. I love them both.