From Zacks Investment Research: 2025-05-15 05:54:00

Top chip stocks ASML Holdings (ASML), Lam Research (LRCX), and Micron Technology (MU) present a rare buying opportunity. Despite semiconductor industry struggles, these companies offer specialized technologies and strong business models. ASML is a key player in chip manufacturing, trading at 28x forward earnings with 18.9% annual growth projections. Lam Research, a critical player in chip production, trades at 21.4x forward earnings with 17.7% annual growth estimates. Micron Technology, a leader in memory solutions, is in recovery mode with sales projected to grow 41.3% this year and 30% next year. Consider investing in these top chip stocks for long-term gains.



Read more at Zacks Investment Research: Zacks Investment Ideas feature highlights: ASML Holdings, Lam Research and Micron Technology – May 15, 2025