LRCX Stock Recent News

Megacap tech stocks are in rally mode today, including semiconductor concern Nvidia (NVDA).

Jim Cramer breaks down why he's keeping an eye on shares of Lam Research.

Lam Research Corporation (NASDAQ:LRCX ) Q3 2025 Earnings Conference Call April 23, 2025 5:00 PM ET Company Participants Ram Ganesh - VP, IR Timothy Archer - President and CEO Douglas Bettinger - EVP and CFO Conference Call Participants C.J. Muse - Cantor Fitzgerald Timothy Arcuri - UBS Harlan Sur - JPMorgan Stacy Rasgon - Bernstein Research Krish Sankar - TD Cowen Srinivas Pajjuri - Raymond James Atif Malik - Citi Vivek Arya - Bank of America Securities Blayne Curtis - Jefferies Mehdi Hosseini - SIG Joe Moore - Morgan Stanley Tom O'Malley - Barclays Timm Schulze-Melander - Redburn Atlantic Operator Good afternoon, and welcome to the Lam Research March 2025 Earnings Conference Call.

Lam Research (LRCX) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.78 per share a year ago.

Chip-making equipment supplier Lam Research beat Wall Street expectations for third-quarter revenue on Wednesday, fueled by robust demand for advanced AI chips, sending the company's shares up 4.5% in extended trading.

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

LRCX's Q3 results are expected to reflect the benefits of a rebound in the semiconductor industry, driven by surging demand for memory and advanced AI applications.

Lam Research (LRCX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Lam Research is a leading player in the wafer fabrication equipment industry, crucial for semiconductor production, and is currently rated a buy. Despite a 40% decline from its peak, LRCX shows strong financial recovery with rising revenue, earnings, and cash flow, presenting a good buying opportunity. The semiconductor industry, worth $681 billion, and expected $200 billion WFE investment, indicates high future demand, benefiting LRCX despite stiff competition.

Lam Research (LRCX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.