AI chip stocks down as Trump announces tariffs on China and Taiwan. Big tech giants investing billions in AI infrastructure, fueling next industrial revolution.
LAM Research (LRCX) aligns with Minervini's trend-following strategy and high-growth momentum investing, showing strong technicals and robust earnings growth. A top pick for trend and growth investors.
A number of stocks fell in the afternoon session after a series of divergent earnings reports highlighted a clear split in the semiconductor industry, with investors rewarding companies exposed to the AI boom while punishing those tied to slowing consumer electronics and manufacturing equipment markets.
Lam Research (LRCX) beat earnings expectations and raised its guidance, thanks to strong demand from China. Shares fell due to concerns over this growth's sustainability.
Semiconductor equipment maker Lam Research (NASDAQ:LRCX) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 33.6% year on year to $5.17 billion. On top of that, next quarter’s revenue guidance ($5.2 billion at the midpoint) was surprisingly good and 10.8% above what analysts were expecting. Its non-GAAP profit of $1.33 per share was 10.3% above analysts’ consensus estimates.
After the conclusion of the US market's regular session on Wednesday, let's examine the after-hours session and unveil the notable S&P500 performers among the top gainers and losers.
LAM RESEARCH CORP (LRCX) offers strong growth, solid profitability, and fair valuation, making it a top pick for investors seeking affordable growth in the semiconductor sector.
Congress members sold these stocks in 2025 and may cap gains as the year progresses. However, analysts suggest that some will move higher despite the hurdle.
