Lam Research (LRCX) Leads Etch Market as AI-Driven Memory Supercycle Fuels Robust WFE Spending Outlook Through 2026

Lam Research Corporation (NASDAQ:LRCX) is 1 of the best stocks for the adjacent decade. On December 23, UBS raised the firm’s terms people connected Lam Research to $200 from $175 and kept a Buy standing connected the shares.

Earlier connected December 18, B. Riley raised the firm’s terms people connected Lam Research to $195 from $180 with a Buy standing connected the shares. The steadfast highlighted that Lam Research Corporation (NASDAQ:LRCX) is exceptionally well-positioned to payment from the existent surge successful representation WFE spending. This vantage stems from the company’s superior vulnerability to the representation assemblage and its industry-leading presumption successful etch tech, which provides leverage arsenic manufacturers ramp up their accumulation capacity.

A time earlier this, Mizuho expert Vijay Rakesh raised the firm’s terms people connected the institution to $200 from $170 with an Outperform standing connected the shares. Rakesh expressed a bullish stance connected the institution and highlighted an improved outlook for the WFE market. The steadfast anticipates maturation successful the assemblage and has accordingly raised its 2026 WFE spending estimates.

Furthermore, BofA expert Vivek Arya raised the firm’s terms people to $195 from $165, portion keeping a Buy standing connected December 16. BofA broadly updated its terms targets for US semiconductor stocks, framing 2026 arsenic a pivotal midpoint successful a decade-long transition. The steadfast views the existent epoch arsenic portion of an 8-to-10-year travel to regenerate accepted IT infrastructure with hardware optimized for accelerated AI 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.