From Nasdaq:

The global trend in artificial intelligence is helping to boost the stock market, including titans like Nvidia and equipment stocks for AI systems. Lam Research reported strong second fiscal quarter earnings, with the AI industry forecasted for continued growth. As a leader in semiconductor equipment, Lam has established a dominant position in technologies like etch, deposition, and HBM critical for AI applications. The company’s focus on R&D investments and AI-powered cobots also ensures it’s well-positioned for the AI era. Although Lam Research wasn’t listed among the 10 best stocks to buy by The Motley Fool, it remains a promising investment opportunity.



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