B. Riley Names Lam Research (LRCX) a Top Memory Recovery Play Due to Specialized Etch Leadership

A time anterior to this rating, Mizuho expert Vijay Rakesh besides raised the firm’s terms people connected Lam Research to $200 from $170 and kept an Outperform standing connected the shares. Mizuho expressed optimism regarding 2026 WFE estimates and anticipated imaginable upside to existent projections, and suggested that this WFE outlook serves arsenic a affirmative catalyst for the company’s growth.

Earlier connected December 16, Bank of America expert Vivek Arya raised the firm’s terms people connected Lam Research to $195 from $165 portion maintaining a Buy standing connected the shares. BofA revised its terms targets for the US semiconductor stocks and signaled that 2026 marks the halfway constituent of a decade-long modulation toward upgrading accepted IT infrastructure for AI-driven workloads.

Lam Research Corporation (NASDAQ:LRCX) designs, manufactures, markets, refurbishes, and services semiconductor processing instrumentality utilized successful the fabrication of integrated circuits successful the US, China, Korea, Taiwan, Japan, Southeast Asia, and Europe.

While we admit the imaginable of LRCX arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.