Lam Research: 3D Scaling Increases Etching and Deposition Intensity – Stock Hits New All-Time High!

Lam Research (LRCX) is considered one of the world's leading semiconductor equipment companies. It provides advanced etching and deposition technologies for the production of modern chips for the AI era, with demand driven by 3D scaling. Morgan Stanley expects investment in wafer fabrication equipment (WFE) to increase by 14% this year to a record $117 billion. According to Business Research Insights, this could rise to $239.3 billion by 2034. The management anticipates a multi-year NAND upgrade cycle, with ALTUS Halo already being used in production...