Lam Research Positioned For Growth Amid NAND Recovery And Advanced Packaging Strength, Analysts Highlight China Risks
Portfolio Pulse from Nabaparna Bhattacharya
Analysts from BofA Securities and Goldman Sachs have reiterated Buy ratings for Lam Research (NASDAQ:LRCX), highlighting its growth potential amid a NAND recovery and advanced packaging strength. Despite risks from China and export controls, Lam Research is expected to outperform competitors in 2025 due to its unique portfolio and market share gains in wafer fabrication equipment.
October 24, 2024 | 7:09 pm
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ASML faces challenges with a lowered 2025 revenue guidance due to weak demand in leading-edge foundry and potential declines in Chinese spending.
ASML's lowered revenue guidance for 2025 is due to weak demand in leading-edge foundry and potential declines in Chinese spending, which could negatively impact its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50
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Lam Research is positioned for growth with a Buy rating from analysts, driven by NAND recovery and advanced packaging. Despite China risks, the company is expected to outperform in 2025.
Analysts have reiterated Buy ratings for LRCX, citing its leverage to key tech trends and growth opportunities in NAND and advanced packaging. Despite risks from China, the company's unique portfolio and market share gains in wafer fabrication equipment are expected to drive outperformance in 2025.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100