Lam Research (LRCX)

Susquehanna raised its WFE market forecast to $250 billion by 2028, lifting price targets on AEIS, LRCX, and KLAC as AI-driven demand fuels the semiconductor equipment sector.

Some of America's largest growth stocks are down this year, but a recovery might be on the way.

Lam Research (NASDAQ:LRCX) has outperformed the market over the past 20 years by 15.17% on an annualized basis producing an average annual return of 24.4%. Currently, Lam Research has a market capitalization of $441.45

What Happened? A number of stocks fell in the afternoon session after the semiconductor sector pulled back amid fears that AI-driven chip demand may be cooli...

Shares of Lam Research have soared this year as the company is benefiting from the tremendous demand for memory manufacturing equipment.

As high-end chipmakers build new production lines to meet soaring demand, they'll need more of Lam Research's equipment.