
Applied Materials (NASDAQ:AMAT | AMAT Price Prediction) shares are up 98% year to date (YTD) at $509.29 Tuesday afternoon, a rally that captures how central chip equipment makers have become to the 2026 AI infrastructure trade.
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) | $23.23B |
| Gross Profit (TTM) | $11.73B |
| EBITDA | $8.64B |
| Operating Margin | 37.40% |
| Return on Equity | 65.10% |
| Return on Assets | 22.80% |
| Revenue/Share (TTM) | $18.51 |
| Book Value | $9.97 |
| Price-to-Book | 33.35 |
| Price-to-Sales (TTM) | 17.90 |
| EV/Revenue | 17.82 |
| EV/EBITDA | 46.73 |
| Quarterly Earnings Growth (YoY) | 34.80% |
| Quarterly Revenue Growth (YoY) | 30.00% |
| Shares Outstanding | $1.25B |
| Float | $1.25B |
| % Insiders | 0.28% |
| % Institutions | 89.07% |
Volatility is currently contracting

Applied Materials (NASDAQ:AMAT | AMAT Price Prediction) shares are up 98% year to date (YTD) at $509.29 Tuesday afternoon, a rally that captures how central chip equipment makers have become to the 2026 AI infrastructure trade.

After reaching an important support level, Lam Research (LRCX) could be a good stock pick from a technical perspective. LRCX surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.

LRCX's DRAM push gains momentum as AI-driven HBM demand, advanced memory nodes and growing tool adoption expand its growth opportunities.

Shares of Lam Research (NASDAQ:LRCX | LRCX Price Prediction) are rallying back rapidly after a pretty terrifying moment that saw nearly 42% of its value wiped out in just over a month.

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FREMONT, Calif., Aug. 13, 2026 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that it intends to invest more than $3 billion over the next five years to expand its global research and development (R&D) lab network.

Lam Research said on Thursday it intends to invest more than $3 billion in the next five years to expand its global research and development lab network, as it seeks to increase experiment capacity and speed up product development.

Semiconductor equipment names have been climbing since the opening bell Thursday, triggered by SanDisk (NASDAQ:SNDK | SNDK Price Prediction).

Jim Cramer is hosting a semiconductor-focused CNBC Investing Club call Thursday at noon.

Lam's Semiverse ® Solutions virtual fabrication platform expected to provide hands-on chip fabrication training for engineering students across NY Creates' workforce development network News Summary Lam Research and NY Creates will collaborate to advance semiconductor workforce development across the northeastern United States. The program is expected to enable training of up to approximately 3,500 students over five years through scaled deployment at colleges and universities across the NY Creates workforce development ecosystem.
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