Is Lam Research Corp. (LRCX) stock a better picks right now?

This week saw a rise in the value of Lam Research Corp.’s (NASDAQ: LRCX) stock, which makes equipment for the semiconductor sector. The explanation was the statement that SK Hynix Inc. memory chip manufacturers had picked its solutions. LRCX was trading at $449.79 on June 27.


Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .

Sponsored


Lam Research has revealed that SK Hynix Inc. has chosen to employ its cutting-edge manufacturing technology in two crucial stages of the production of DRAM memory chips. In order to improve lithography resolution and the commercial viability of producing next-generation semiconductors, this technique was launched in 2020. Similar work is being done with other semiconductor makers, according to Lam Research.

It goes without saying that Lam Research benefits from a well-known company implementing innovative technologies. The management of Lam Research claims that the new technique may be extensively used and addresses the most important lithography issues.

The technology’s original goal was to enable the cost-effective modernization of EUV-based lithographic manufacturing. Lam Research thus anticipates a sharp rise in sales.

The SK Hynix transaction is good news in this context because it just requires growing production for the release of DRAM memory (memory chips are usually produced in large quantities).

The long-standing collaboration between Lam Research and SK Hynix can hasten the deployment of innovative technologies. Additionally, the development was done in collaboration with top authorities in semiconductor technology, ASML, and IMEC.

The innovation’s key component is a tighter dry fit of the templates to the plate, which enables a 5–10-fold reduction in raw material uses while also lowering energy consumption.

Although the stock has performed remarkably well in recent months, the overall interest from investors has dropped noticeably. That has seen its trading volume slump by -75.44%, figures that rank poorly compared to the stock’s average volumes. This information is critical as it reflects the stocks’ float size, given that the market is exposed to 137.62 million shares of the company.

Latest

5 Best NFTs Stocks to Buy In 2022

It is no secret that investors are looking to...

The Kraft Heinz Company (KHC) Earnings Preview: What to Expect From Earnings

The Kraft Heinz Company (NASDAQ: KHC) intends to submit...

Citigroup Upgraded Nokia Oyj (NOK) To Buy with Price Target of $6.8

Nokia Oyj (NYSE: NOK), a communications equipment developer, is...

The Chart for Block Inc. (SQ) Stock Is Flashing Mixed Signals

In the first quarter, large investment funds expanded their...

Newsletter

 

Don't miss

Beating Analyst Forecasts and Coming Out on Top: Confluent Inc. (CFLT)

Confluent Inc. (NASDAQ: CFLT) reported its second-quarter earnings last...

Qualcomm Incorporated (QCOM): Analyst Viewpoints To Future Growth

In trading on July 14, shares of chipmaker Qualcomm...

Chevron Corporation (CVX) provides details about its hydrogen future

The huge hydrogen investment plan of the oil and...

Healthy Upside Potential: Maxar Technologies Ltd. (MAXR)

In May 25 trading, shares of space business Maxar...

Atkore Inc. (ATKR) stock: Better Than You Think

Atkore Inc. (NYSE:ATKR), a manufacturer of infrastructure, electrical, and...

LIDR (AEye Inc.) climbed 11.32 at the last close: Is This Today’s Most Popular Stock?

AEye Inc. (NASDAQ: LIDR) on August 15, 2022, started off the session at the price of $2.67, soaring 11.32% from the previous trading day....

3.58% volatility in Coterra Energy Inc. (CTRA) last month: This is a red flag warning

August 15, 2022, Coterra Energy Inc. (NYSE: CTRA) trading session started at the price of $27.72, that was -1.08% drop from the session before....

SailPoint Technologies Holdings Inc. (SAIL) average volume reaches $2.05M: Is Wall Street expecting a rally?

On August 15, 2022, SailPoint Technologies Holdings Inc. (NYSE: SAIL) opened at $65.14, higher 0.25% from the last session. During the day, the shares...

LEAVE A REPLY

Please enter your comment!
Please enter your name here


134699

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.

129712

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

The 5 Best Growth Stocks 2022

100% free. stop anytime no spam

DOWNLOAD FREE EBOOK

BEST GROWTH STOCKS 2022

We put together a list of the best stocks that we

think can explode over the next 12 months.

134709

SPECIAL GIFT

134710
134711
134712

  What you will Get ?

   Best Growth

   Stocks eBook

        Hot Stocks Alert

     before the opening

                  bell

        Special Offer

      and reports from 

        our partners

134713

100% free. stop anytime no spam

GET YOUR FREE COPY NOW

134702

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

DOWNLOAD FREE EBOOK

BEST INFLATION STOCKS 2022

We put together a list of the best stocks that

we think can explode over the next 12 months.

134703

SPECIAL GIFT

134704
134705
134706

  What you will Get ?

   Best Inflation

   Stocks eBook

        Hot Stocks Alert

     before the opening

                  bell

        Special Offer

      and reports from 

        our partners

100% free. stop anytime no spam

GET YOUR FREE COPY NOW