Lam Research Stock Is Gaining Friday: What's Going On?
Lam Research stock gains 1.4% as tech shares rally. Strong AI-driven Q4 earnings and Q1 guidance keep LRCX momentum solid.
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LRCX stock holds near $313 support as analysts maintain Buy ratings and Lam Research expands its global chip workforce.
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Lam Research stock gains 1.4% as tech shares rally. Strong AI-driven Q4 earnings and Q1 guidance keep LRCX momentum solid.
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Lam Research targets mid-40% operating margins over the next several years, up from current 38.4%. Q1'27 guidance shows continued margin expansion with expected revenues of $8.1B and 39.5% non-GAAP operating margin. AI demand, advanced packaging, and higher-margin services are expected to support growth, though the goal requires sustained execution and disciplined cost management amid planned $3B R&D investments.