Carillon Tower Advisers released its “Carillon Eagle Growth & Income Fund” third-quarter 2025 investor letter. The S&P 500 Index had a strong rally, with year-to-date returns at 13.7%. Growth and momentum were key factors, but market strength is heavily tied to AI deployment. Check the fund’s top five holdings for insights on 2025 picks.

In the investor letter, Carillon Eagle Growth & Income Fund highlighted Lam Research Corporation (NASDAQ:LRCX). LRCX designs semiconductor processing equipment, with a one-month return of 9.95% and shares up 115.55% in the last 52 weeks. On November 11, 2025, LRCX closed at $159.18 per share with a market cap of $199.935 billion.

Carillon Eagle Growth & Income Fund praised Lam Research Corporation (NASDAQ:LRCX) for its products’ importance in the semiconductor capital spending market. The company’s growth projections and supportive bookings data indicate a promising future as a leader in equipment for AI memory requirements.

Lam Research Corporation (NASDAQ:LRCX) is not among the 30 Most Popular Stocks Among Hedge Funds. 85 hedge fund portfolios held LRCX at the end of the second quarter, down from 91 in the previous quarter. In the September quarter, LRCX reported $5.3 billion in revenue, showing a 3% increase from the prior quarter. While LRCX has investment potential, some AI stocks may offer greater upside. Explore our report on the best short-term AI stock for more insights.

Read more at Yahoo Finance: Here’s Why Lam Research (LRCX) Soared in Q3