
A $25 billion buyback sparked a rally in Lam Research after a brutal chip selloff. But your semiconductor, tech, and Nasdaq-100 funds may hold the same stock three times over, and that overlap cuts both ways.
Lam Research Corporation is an American corporation that engages in the design, manufacture, marketing, and service of semiconductor processing equipment used in the fabrication of integrated circuits. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices (transistors, capacitors) and their wiring (interconnects). The company also builds equipment for back-end wafer-level packaging (WLP), and for related manufacturing markets such as for microelectromechanical systems (MEMS). The company is headquartered in Fremont, California, in the Silicon Valley.
| Revenue (TTM) | $26.13B |
| Gross Profit (TTM) | $13.34B |
| EBITDA | $10.12B |
| Operating Margin | 40.00% |
| Return on Equity | 70.10% |
| Return on Assets | 25.00% |
| Revenue/Share (TTM) | $20.87 |
| Book Value | $11.13 |
| Price-to-Book | 16.66 |
| Price-to-Sales (TTM) | 9.60 |
| EV/Revenue | 8.73 |
| EV/EBITDA | 22.08 |
| Quarterly Earnings Growth (YoY) | 76.60% |
| Quarterly Revenue Growth (YoY) | 54.40% |
| Shares Outstanding | $1.25B |
| Float | $1.24B |
| % Insiders | 0.28% |
| % Institutions | 88.84% |
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A $25 billion buyback sparked a rally in Lam Research after a brutal chip selloff. But your semiconductor, tech, and Nasdaq-100 funds may hold the same stock three times over, and that overlap cuts both ways.

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FREMONT, Calif., Nov. 5, 2026 /PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors approved a $25 billion share repurchase authorization and a quarterly dividend of $0.33 per share of common stock.

Semiconductor sales are poised to surge, driven by rising demand for chips across multiple applications. Nvidia, Broadcom, and Micron dominate their respective semiconductor niches, and they are trading attractively right now.

Lam Research NASDAQ: LRCX stockholders elected all 10 director nominees, approved the company's executive compensation plan on an advisory basis and ratified KPMG LLP as its independent auditor for fiscal 2027 at the company's 2026 annual meeting.

Shares of Lam Research Corp (NASDAQ:LRCX) are down 2.2% to trade at $233.89, as the chipmaker struggles to bounce back from its post-earnings selloff.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Zacks.com users have recently been watching Lam Research (LRCX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Lam Research Corporation LRCX is benefiting from rising demand for advanced semiconductor manufacturing equipment. In the first quarter of fiscal 2027, its foundry business achieved record revenues, while the foundry's share of Systems revenues increased to 46% from 44% in the previous quarter.
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