From Yahoo Finance: 2025-06-17 16:04:00

Lam Research Corporation (NASDAQ:LRCX) is listed as one of the 10 Best American Semiconductor Stocks to Buy Now. On April 24, TD Cowen reduced its price target for LRCX from $110 to $100 but maintained a “Buy” rating. The company’s strong guidance for the June quarter beat consensus revenue estimates by 9%, driven by demand in NAND and Foundry markets.

Analysts at TD Cowen highlighted key growth catalysts for Lam Research Corporation (NASDAQ:LRCX), including higher deposition/etch intensity and a recovery in NAND Wafer Fabrication Equipment (WFE). The company is focusing on growing its market share in the Foundry segment and is a global supplier of wafer fabrication equipment and services to the semiconductor industry.

While acknowledging LRCX’s investment potential, some believe certain AI stocks offer greater upside potential with less downside risk. For those interested in undervalued AI stocks with potential benefits from Trump-era tariffs and onshoring trends, a free report on the best short-term AI stock is available.



Read more at Yahoo Finance: TD Cowen Lowers Lam Research (LRCX) Price Target, Keeps Buy Rating