Pivotal Point Tracking Lam Research (LRCX): Supplier for the AI Chip Production Takes a Key Role in Manufacturing High Bandwidth Memory and 2nm Logic Chips!

Lam Research is a provider of equipment for wafer manufacturing and is massively benefiting from the demand for high-performance chips for artificial intelligence. On January 15, a series of analyst upgrades led by Wells Fargo and RBC Capital triggered a pivotal point. The experts raised their price targets to as high as $260, as Lam Research plays a key role in the manufacturing of high bandwidth memory (HBM) and 2nm logic chips. The company supplies the essential etching and deposition technologies without which modern AI accelerators and complex...