B. Riley Raises its Price Target on Lam Research (LRCX)

On May 12, 2026, B. Riley raised the firm’s terms people connected Lam Research Corporation (NASDAQ:LRCX) to $385 from $350 portion maintaining a Buy standing connected the shares. The steadfast said AI-related concern continues accelerating faster than expected, with increasing request from hyperscalers and neo-cloud providers driving importantly higher superior expenditure expectations for 2026 done 2028. B. Riley added that evolving AI workloads and expanding spot strength from large exemplary providers are tightening semiconductor supply-demand dynamics and supporting stronger net revisions crossed the sector.

Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing astatine Fab. Semiconductor Packaging Process.

On May 4, 2026, Seaport Research expert Jay Goldberg initiated sum of Lam Research Corporation (NASDAQ:LRCX) with a Buy standing and $300 terms people arsenic portion of a broader motorboat covering the wafer fabrication instrumentality industry. The steadfast said the assemblage is benefiting from 1 of the strongest cycles successful its history, driven by secular request for compute infrastructure tied to AI and the increasing technological complexity progressive successful manufacturing precocious semiconductors. Seaport added that Lam Research is peculiarly well-positioned to payment from spot successful the representation segment.

Lam Research Corporation (NASDAQ:LRCX) designs, manufactures, markets, refurbishes, and services semiconductor processing instrumentality utilized successful integrated circuit fabrication globally.

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