Lam Research traded at $240.85 this Tuesday October 27th, increasing $3.35 or 1.41 percent since the previous trading session. Looking back, over the last four weeks, Lam Research gained 23.41 percent. Over the last 12 months, its price rose by 54.77 percent. Looking ahead, we forecast Lam Research to be priced at 225.22 by the end of this quarter and at 211.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. The Company designs, manufactures, markets, refurbishes and services semiconductor processing equipment used in the fabrication of integrated circuits (ICs). It operates through manufacturing and servicing of wafer processing semiconductor manufacturing equipment segment. Its products and services are designed to help its customers build performing devices that are used in a variety of electronic products, including mobile phones, personal computers, servers, wearables, automotive vehicles, and data storage devices. Its customer base includes semiconductor memory, foundry, and integrated device manufacturers (IDMs) that make products such as non-volatile memory (NVM), dynamic random-access memory (DRAM), and logic devices. It offers its services in areas like nanoscale applications enablement, chemistry, plasma and fluidics and advanced systems engineering.