Goldman Sachs analyst raised Lam Research Corporation’s price target to $180, citing improved semiconductor industry conditions and demand from AI processors. Mizuho also raised the price target to $220, expecting moderate growth due to attractive values in the semiconductor sector. LRCX is positioned to benefit from memory investments and advanced chip production.

Lam Research Corporation is a global supplier of wafer fabrication equipment to the semiconductor industry, enabling the production of smaller and better-performing devices used in various electronic products. The company’s products are essential for mobile phones, personal computers, and data centers. Analysts are bullish on LRCX due to semiconductor capex and memory investments rising.

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Read more at Yahoo Finance: Analysts Bullish on Lam Research Corporation (LRCX) as Semiconductor Capex and Memory Investments Rise