Lam Research

LRCX

Market cap $279B

ORN, LRCX, GMED, MYRG and CPRX have been added to the Zacks Rank #1 (Strong Buy) List on March 4, 2026.

Lam Research Corporation (LRCX) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript

A collapse in smartphone demand is compounding geopolitical anxiety for chip stocks, with the sector's equipment makers caught in the crossfire Technology stocks bore the brunt of a broad market sell-off on Tuesday as escalating conflict in the Middle East drove oil prices sharply higher and stoked fears of renewed inflation, but within the carnage a more specific and troubling trend was emerging for the semiconductor sector. The Nasdaq fell more than 2% as Brent crude topped $84 a barrel after Iran's Revolutionary Guard stated the Strait of Hormuz was closed to shipping, a development that sent energy costs surging and raised the prospect of higher interest rates, the traditional enemy of high-multiple technology stocks.

@MoneyFlowsCom's Lucas Downey says there's a lot "under the surface that has been working" outside the Mag 7. Among the stocks he sees continuing momentum: memory chips.

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.

Philippe Laffont is looking beyond the big chipmakers to find opportunities in artificial intelligence. These three companies all provide essential tools and services supporting the AI boom.

Though AMD stock has performed well over the past year, it has come under pressure in 2026 due to factors beyond its control. The company discussed in this article has delivered significantly stronger gains than AMD, and it is still trading at a cheaper valuation.

Lam Research (LRCX) closed the most recent trading day at $239.07, moving 4.17% from the previous trading session.

Lam Research (LRCX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Lam Research Corporation LRCX has delivered revenues above the $5 billion mark for the past three consecutive quarters, reflecting strong demand for wafer fabrication equipment. In the last reported financial results for the second quarter of fiscal 2026, revenues surged 22% to $5.34 billion.