ホーム/LRCX

Public research page

Market data comes from the live feed. The company research below uses verified public sources, but it is not a real-time personalized AI conclusion.

Analyze LRCX in workspace
LRCXNASDAQ/information technology

Lam Research Corporation

$329.92Down-20,41 (-5,83%)
Research reviewed: 2026年7月12日 00:00 UTC
Research overview3-month price contextInvestment thesisKey catalystsLatest earnings researchRecent newsData and research sources

Research overview

Lam Research Corporation operates in Semiconductor Equipment within the information technology sector. This profile tracks its company-specific earnings drivers, valuation conditions, and primary-source risks.

Eröffnung
335,38
Hoch
337,96
Tief
326,90
Marktkapitalisierung
412,59 Mrd.
KGV
62.37
52-Wochen-Hoch
--
Dividende
0.300%
Quartalsdividende
--

3-month price context

直近3か月の推移を表示し、フル調査ワークスペースに進む前に短期構造を把握できます。

Investment thesis

Base case
DRAM node transitions, HBM capacity and NAND layer growth can expand etch and deposition intensity. The base case remains conditional on china and export controls staying manageable.
Bull case
DRAM node transitions, HBM capacity and NAND layer growth can expand etch and deposition intensity. Complex transistor and interconnect structures require additional critical wafer-processing steps. The installed base creates recurring demand for spares, upgrades and productivity services.
Bear case
Expanded controls can reduce addressable equipment and service revenue in a significant market. A small number of large chipmakers can postpone projects and materially change demand. New-tool qualification, component availability and manufacturing scale-up can affect shipments and margins.
Thesis invalidation
Reassess the thesis if expanded controls can reduce addressable equipment and service revenue in a significant market.

Key catalysts

  • Memory equipment recovery

    DRAM node transitions, HBM capacity and NAND layer growth can expand etch and deposition intensity.

  • Leading-edge process intensity

    Complex transistor and interconnect structures require additional critical wafer-processing steps.

  • Customer support business

    The installed base creates recurring demand for spares, upgrades and productivity services.

Principal risks

  • China and export controls

    Expanded controls can reduce addressable equipment and service revenue in a significant market.

  • Customer spending concentration

    A small number of large chipmakers can postpone projects and materially change demand.

  • Product and supply execution

    New-tool qualification, component availability and manufacturing scale-up can affect shipments and margins.

Latest earnings research

Q3 FY2026

Lam Research reported March-quarter 2026 results and discussed memory investment, leading-edge foundry and logic transitions, advanced packaging and customer-support demand.

Valuation interpretation

  • A favorable interpretation requires rising process intensity to offset swings in wafer-fab equipment spending.
  • Installed-base services add resilience, while memory exposure and export controls preserve meaningful cyclicality.

Peer research

AMATKLACAAPL

Recent news

24/7 Wall St. · vor 3 Stunden

Analyst Dan Ives Calls Memory Chips the “Golden Child” of the AI Revolution with “15-to-1” Demand-to-Supply Imbalance

Zacks · vor 3 Stunden

Lam Research (LRCX) Suffers a Larger Drop Than the General Market: Key Insights

Barchart · vor 7 Stunden

Applied Materials: The Picks-and-Shovels Play in an AI Era Will Continue to Trend Higher

Zacks · vor 8 Stunden

KLAC is Overvalued at 17.47X PS: Buy, Sell or Hold the Stock?

StockStory · vor 9 Stunden

1 Unpopular Stock That Deserves a Second Chance and 2 That Underwhelm

24/7 Wall St. · vor 11 Stunden

Intel, AMD, and Applied Materials Drop 4% as SK Hynix Rout and Oil Spike Hit Chip Stocks

Data and research sources

Research updated: 2026年7月12日 00:00 UTC
3 verified sources
Lam Research Corporation Reports Financial Results for the Quarter Ended March 29, 2026Lam Research Corporation · earningsVerified

Fetched: 2026/7/12 0:00:00 UTC

Published: 2026/4/22 0:00:00

Open original source
Lam Research Corporation Investor RelationsLam Research Corporation · companyVerified

Fetched: 2026/7/12 0:00:00 UTC

Open original source
Lam Research Corporation SEC FilingsU.S. Securities and Exchange Commission · filingVerified

Fetched: 2026/7/12 0:00:00 UTC

Open original source

Continue in the research workspace

Keep LRCX in context, run a multi-agent analysis, and monitor thesis changes.

Analyze LRCX free

リサーチシステム全体を見る

各段階には固有の役割があり、次の段階で検証可能な成果を残します。

リサーチ手法市場レポートを読む銘柄を探す

Continue researching this stock

市場アナリスト

市場アナリスト は コアリサーチ の中で 観察 段階を専門に担い、後続判断の前提を整える役割です。

ファンダメンタルズアナリスト

ファンダメンタルズアナリスト は コアリサーチ の中で 観察 段階を専門に担い、後続判断の前提を整える役割です。

ニュースアナリスト

ニュースアナリスト は コアリサーチ の中で 観察 段階を専門に担い、後続判断の前提を整える役割です。

リスクマネージャー

リスクマネージャー は リスクと監視 の中で 監視 段階を専門に担い、後続判断の前提を整える役割です。