LRCX Stock Recent News

Investors may keep a tab on stocks like PECO, RICK, ITUB, LOW and LRCX, which have lately hiked their dividend payments.

FREMONT, Calif. , Sept. 4, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced that Doug Bettinger, Executive Vice President and Chief Financial Officer, will participate in the following upcoming investor event: Goldman Sachs Communacopia & Technology Conference, September 11, 2024, at 8:10 a.m.

The value of a stock split is exactly zero. The non-event gives you 12 slices of a pizza instead of six.

Artificial Intelligence stocks are usually known for growth, not necessarily dividends. But several AI beneficiaries pay dividends set to grow handsomely over the coming years.

FREMONT, Calif. , Aug. 30, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced that Ita Brennan and Mark Fields have joined its board of directors, effective August 30, 2024.

FREMONT, Calif. , Aug. 29, 2024 /PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a $0.30, or 15%, increase in its quarterly dividend, from $2.00 to $2.30 per share of common stock.

Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to explain why she's trimming Lam Research.

The latest trading day saw Lam Research (LRCX) settling at $847.37, representing a +1.39% change from its previous close.

Lam Research NASDAQ: LRCX is a lesser-known company in the semiconductor industry compared to powerhouses like NVIDIA NASDAQ: NVDA and Taiwan Semiconductor NYSE: TSM, but it is an important one.

Lam Research is a leading provider of Etching equipment to the Semiconductor industry, with high ROIC and potential for >10% sales growth. The positive outlook for Lam Research driven by memory rebound, and the potential for >30% upside in the current cycle peak EPS. The recent 20% drawdown gives us an opportunity to buy this quality compounder.