"Lam Research Rides High on AI-Powered Growth and Strong Results"
Originally Published 1 year ago — by The Motley Fool
Lam Research's stock has reached new all-time highs due to its strong performance in the semiconductor equipment sector, particularly in etch, deposition, and packaging techniques essential for AI chipmaking. The company's forecasted recovery is driven by the continued growth of new AI applications, which require its expertise. Additionally, Lam's focus on R&D investments and AI-powered services positions it well for the AI era, making its recent share price spike well-deserved and potentially sustainable.