In Q3 2025, BURNEY CO/ increased its position in Lam Research by 51,967 shares, valued at $5.50 million, representing a 0.14% change in assets under management. The total stake reached 376,281 shares worth $50.38 million by September 30, 2025.

This move placed Lam Research as the 1.3% top holding for BURNEY CO/, outside the fund’s top five holdings. Lam Research shares were priced at $144.78 on October 15, 2025, outperforming the S&P 500 by 56.89 percentage points in the past year.

Lam Research is a key player in the semiconductor industry, providing wafer fabrication equipment globally. As chipmakers increase their capacity for AI and advanced chips, Lam stands to benefit from the ongoing semiconductor equipment cycle, offering investors a disciplined way to participate in the next wave of semiconductor growth.

Read more at Nasdaq: Lam Research Quietly Strengthens Its Place in the AI Chip Boom