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Lam Research Corp (NASDAQ:LRCX)’s stock has reached a significant milestone, hitting a 52-week high at $102.32. This marks a notable achievement for the $130.34 billion semiconductor equipment maker, reflecting a period of growth and investor confidence. According to InvestingPro, the company maintains a "GOOD" financial health score and has demonstrated impressive momentum with a 40.13% gain year-to-date. Over the past year, Lam Research’s stock has experienced a positive change of 4.54%, showcasing its resilience and appeal in the market. The semiconductor equipment company continues to attract attention with its strong performance, having raised its dividend for 11 consecutive years. Based on InvestingPro’s Fair Value analysis, the stock appears slightly overvalued at current levels. For deeper insights, investors can access 15+ additional ProTips and a comprehensive Pro Research Report covering this leading semiconductor equipment manufacturer.
In other recent news, Lam Research has reported several key developments. The company announced a quarterly dividend of $0.23 per share, payable to shareholders of record as of June 18, 2025, reflecting its ongoing commitment to shareholder returns. In financial analysis, Stifel maintained a Buy rating on Lam Research, highlighting the company’s strong performance in the third fiscal quarter, with revenue projections for the fourth quarter surpassing consensus estimates. Goldman Sachs also initiated coverage with a Buy rating, citing Lam Research’s significant exposure to NAND equipment upgrades and market leadership in High Bandwidth (NASDAQ:BAND) Memory as factors that may enhance its performance.
Additionally, Lam Research has revised its bylaws to allow shareholders with a minimum 20% stake held for at least one year to call special meetings. This amendment aims to provide shareholders with timely and accurate information while avoiding redundant meetings. The company also faces challenges as U.S. semiconductor equipment makers, including Lam Research, are experiencing pressure following ASML (AS:ASML)’s warning about potential growth uncertainty in 2026 due to U.S. tariffs. This caution has led to delays in investment decisions by chipmakers in the U.S. as they await clarity on tariff impacts.
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