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Corporation
ELECTRONICS | Chips & Semiconductors
lamresearch.com

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Founded Year

1980

Stage

IPO | IPO

Date of IPO

5/4/1984

Market Cap

102.76B

Stock Price

729.82

About LAM Research

Lam Research Corporation is a supplier of wafer fabrication equipment to the worldwide semiconductor industry. Company products include etch systems and chemical mechanical planarization (CMP) with integrated post-CMP clean systems, which perform critical processes for manufacturing today's most advanced chips. Lam also leverages its etch, CMP, and clean process expertise to develop intellectual property that advances semiconductor manufacturing. Lam's etch systems shape the microscopic conductive and dielectric layers into circuits that define a chip's final use and function. The Company's CMP systems ensure that the surface of the wafer on which the chips are being formed remains flat after each layer of material is added and clean for the next layer. Lam maintains customer support centers throughout the United States, Asia, and Europe to meet the complex and changing needs of its global customer base.

LAM Research Headquarter Location

4650 Cushing Parkway

Fremont, California, 94538,

United States

510-572-0200

Latest LAM Research News

Lam Research (LRCX) is an Incredible Growth Stock: 3 Reasons Why

Jan 6, 2022

Lam Research (LRCX) could produce exceptional returns because of its solid growth attributes. This story originally appeared on Zacks Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. - Zacks In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks. Our proprietary system currently recommends Lam Research (LRCX) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank. Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy). Here are three of the most important factors that make the stock of this semiconductor equipment maker a great growth pick right now. Earnings Growth Arguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration. While the historical EPS growth rate for Lam Research is 22.7%, investors should actually focus on the projected growth. The company's EPS is expected to grow 26.1% this year, crushing the industry average, which calls for EPS growth of 22.4%. Cash Flow Growth Cash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds. Right now, year-over-year cash flow growth for Lam Research is 61.2%, which is higher than many of its peers. In fact, the rate compares to the industry average of 59.7%. While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 23.9% over the past 3-5 years versus the industry average of 21.7%. Promising Earnings Estimate Revisions Superiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements. The current-year earnings estimates for Lam Research have been revising upward. The Zacks Consensus Estimate for the current year has surged 0.2% over the past month. Bottom Line Lam Research has not only earned a Growth Score of A based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions.

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Expert Collections containing LAM Research

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

LAM Research is included in 2 Expert Collections, including Fortune 500 Investor list.

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

T

The Edge Computing Landscape

343 items

Edge computing companies facilitate workload deployment in addition to providing data processing and storage at the farthest reaches of the network. These edge computing companies range from data centers at the edge to workload management tools designed to orchestrate edge deploy

LAM Research Patents

LAM Research has filed 2739 patents.

The 3 most popular patent topics include:

  • Semiconductor device fabrication
  • Thin film deposition
  • Plasma physics
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/20/2020

1/11/2022

Plasma physics, Analog circuits, Radio electronics, Electronic design, Electrical engineering

Grant

Application Date

4/20/2020

Grant Date

1/11/2022

Title

Related Topics

Plasma physics, Analog circuits, Radio electronics, Electronic design, Electrical engineering

Status

Grant

LAM Research Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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LAM Research Rank

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