{"data":{"ticker":"LRCX","slug":"lam-research","name":"Lam Research","exchange":"NASDAQ","sector":"Technology","headquarters":"Fremont, California","ceo":"Timothy M. Archer","employees":24300,"website":"https://www.lamresearch.com","founded":"1980","layers":[{"slug":"chip-equipment","name":"Chip Equipment & Foundries"}],"exposure":{"score":50,"tier":"Strategic","rationale":"Sells deposition and etch equipment used to fabricate AI logic chips and the high-bandwidth memory they require. AI-driven capacity expansion at foundries and memory makers is a key demand driver, though orders cycle with all chip capex."},"quote":{"price":200.44,"change24hPct":8.23,"change7dPct":-16.17,"change30dPct":-37.48,"change1yPct":26.37,"high52w":432.87,"low52w":138.95,"marketCap":250835501056,"peRatio":29.87,"eps":6.71,"volume24h":3593615799},"nextEarningsDate":"2027-01-27","summary":"Lam Research makes semiconductor manufacturing equipment. It makes money selling deposition, etch, and clean systems, the machines that build chip structures layer by layer, to foundries and memory makers worldwide.","explainer":["Lam Research makes semiconductor manufacturing equipment. It makes money selling deposition, etch, and clean systems, the machines that build chip structures layer by layer, to foundries and memory makers worldwide.","Its products carry intelligence of their own: AI-optimized etch systems tune processes for advanced chips, the Sense.i platform brings data and analytics to the fab floor, and Equipment Intelligence helps tools run and correct themselves.","Founded in 1980 and headquartered in Fremont, California, Lam Research trades on the NASDAQ and employs about 17,500 people."],"buildoutRole":"Lam Research sits in the Chip Equipment & Foundries layer of the AI buildout. Its deposition and etch equipment fabricates the AI logic chips and the high-bandwidth memory those chips require, making Lam essential whenever foundries and memory makers add AI capacity. That expansion is a key demand driver for its tools. Orders still cycle with overall semiconductor capital spending, so the AI wave lifts a business that remains tied to the broader chip cycle.","faq":[{"q":"What does Lam Research do?","a":"Lam Research sells deposition, etch, and clean equipment to chipmakers. Foundries and memory makers use its machines to build the structures inside advanced semiconductors, layer by layer."},{"q":"How is Lam Research exposed to AI?","a":"Through chip capacity. Its equipment fabricates AI logic chips and high-bandwidth memory, and AI-driven expansion is a key demand driver. Supercycle rates it an AI Exposure Score of 50 out of 100."},{"q":"What are Lam Research's main products?","a":"AI-optimized etch systems for advanced chips, the Sense.i platform for fab data and analytics, and Equipment Intelligence that helps its tools monitor and correct themselves."},{"q":"Is LRCX a pure play AI stock?","a":"No. Lam serves the whole semiconductor industry, and orders cycle with total chip capital spending. AI capacity expansion is a key driver within that, reflected in its AI Exposure Score of 50 out of 100."},{"q":"Where is Lam Research based and who leads it?","a":"Lam Research is headquartered in Fremont, California, and is led by CEO Tim Archer. The company was founded in 1980 and employs about 17,500 people."}],"history1y":[{"date":"2026-09-28","close":314.47},{"date":"2026-09-29","close":323.86},{"date":"2026-09-30","close":328.51},{"date":"2026-10-01","close":340.1},{"date":"2026-10-02","close":347.49},{"date":"2026-10-05","close":345.8},{"date":"2026-10-06","close":333.89},{"date":"2026-10-07","close":329.51},{"date":"2026-10-08","close":320.59},{"date":"2026-10-09","close":318.84},{"date":"2026-10-12","close":309.56},{"date":"2026-10-13","close":301.11},{"date":"2026-10-14","close":286.92},{"date":"2026-10-15","close":277.46},{"date":"2026-10-16","close":263.94},{"date":"2026-10-19","close":272.2},{"date":"2026-10-20","close":263.45},{"date":"2026-10-21","close":260.81},{"date":"2026-10-22","close":230.15},{"date":"2026-10-23","close":230.1},{"date":"2026-10-26","close":237.5},{"date":"2026-10-27","close":240.85},{"date":"2026-10-28","close":253.82},{"date":"2026-10-29","close":254.39},{"date":"2026-10-30","close":239.11},{"date":"2026-11-02","close":227.56},{"date":"2026-11-03","close":230.72},{"date":"2026-11-04","close":221.43},{"date":"2026-11-05","close":185.2},{"date":"2026-11-06","close":200.44}],"incomeStatements":[{"ticker":"LRCX","report_period":"2026-12-31","fiscal_period":"2026-FY","period":"annual","currency":"USD","revenue":23232690000,"cost_of_revenue":11507382000,"gross_profit":11725308000,"operating_expense":0,"operating_income":8199795000,"net_income":7265396000,"earnings_per_share":5.76,"earnings_per_share_diluted":5.76,"research_and_development":2375873000,"selling_general_and_administrative_expenses":1149640000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"LRCX","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","revenue":18435591000,"cost_of_revenue":9456532000,"gross_profit":8979059000,"operating_expense":0,"operating_income":5900968000,"net_income":5358217000,"earnings_per_share":4.15,"earnings_per_share_diluted":4.15,"research_and_development":2096387000,"selling_general_and_administrative_expenses":981704000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"LRCX","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","revenue":14905386000,"cost_of_revenue":7852595000,"gross_profit":7052791000,"operating_expense":0,"operating_income":4282100000,"net_income":3827772000,"earnings_per_share":2.9,"earnings_per_share_diluted":2.9,"research_and_development":1902444000,"selling_general_and_administrative_expenses":868247000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"LRCX","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","revenue":17428516000,"cost_of_revenue":9651591000,"gross_profit":7776925000,"operating_expense":0,"operating_income":5217010000,"net_income":4510931000,"earnings_per_share":3.321,"earnings_per_share_diluted":3.321,"research_and_development":1727162000,"selling_general_and_administrative_expenses":832753000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0}],"balanceSheets":[{"ticker":"LRCX","report_period":"2026-12-31","fiscal_period":"2026-FY","period":"annual","currency":"USD","total_assets":23529743000,"current_assets":15610705000,"cash_and_equivalents":5579171000,"total_liabilities":11058822000,"current_liabilities":5937249000,"total_debt":3734563000,"shareholders_equity":12470921000,"retained_earnings":34950254000},{"ticker":"LRCX","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","total_assets":21345260000,"current_assets":14516995000,"cash_and_equivalents":6390659000,"total_liabilities":11483641000,"current_liabilities":6568425000,"total_debt":4484505000,"shareholders_equity":9861619000,"retained_earnings":28988914000},{"ticker":"LRCX","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","total_assets":18744728000,"current_assets":12883220000,"cash_and_equivalents":5847856000,"total_liabilities":10205274000,"current_liabilities":4338438000,"total_debt":4983334000,"shareholders_equity":8539454000,"retained_earnings":24811315000},{"ticker":"LRCX","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","total_assets":18781643000,"current_assets":13228412000,"cash_and_equivalents":5337056000,"total_liabilities":10571471000,"current_liabilities":4184918000,"total_debt":5011541000,"shareholders_equity":8210172000,"retained_earnings":22032096000}],"holders13f":[{"slug":"philippe-laffont","personName":"Philippe 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Stock?","source":null,"url":"https://www.trefis.com/stock/lrcx/articles/623289/what-is-the-true-hidden-price-of-lam-research-stock/2026-11-06?.tsrc=rss","date":"2026-11-06"},{"title":"Lam Research Soars 9% on $25 Billion Buyback as Chip Stocks Rebound From Rout","source":null,"url":"https://www.tikr.com/blog/lam-research-soars-9-on-25-billion-buyback-as-chip-stocks-rebound-from-rout?ref=yahoofinance&tlnk=yf-261106-xvx7gc85&.tsrc=rss","date":"2026-11-06"},{"title":"Lam Research Sure Picked a Good Time to Buy Back Its Own Stock","source":null,"url":"https://finance.yahoo.com/m/818361a8-c0cc-3183-8dbd-d74bb4abc62a/lam-research-sure-picked-a.html?.tsrc=rss","date":"2026-11-06"},{"title":"AI semiconductor rout may be buying opportunity, LYNX Equity says: ’Dip a toe in’","source":null,"url":"https://finance.yahoo.com/technology/ai/articles/ai-semiconductor-rout-may-buying-133944257.html?.tsrc=rss","date":"2026-11-06"},{"title":"Lam Research Corporation Announces $25 Billion Share Repurchase Authorization and Declares Quarterly Dividend","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/lam-research-corporation-announces-25-210500253.html?.tsrc=rss","date":"2026-11-05"},{"title":"Lam Research Stocks Fall 13.5% as Equipment Investors Reassess AI Spending","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/lam-research-stocks-fall-13-193133350.html?.tsrc=rss","date":"2026-11-05"}]},"meta":{"version":"v1","asOf":"2026-11-06","builtAt":"2026-11-08T15:24:45.412Z","tier":"free","source":"https://supercyclehq.com/stock/lam-research","disclaimer":"Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.","license":"Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."},"links":{"self":"https://supercyclehq.com/api/v1/stocks/LRCX","html":"https://supercyclehq.com/stock/lam-research","md":"https://supercyclehq.com/stock/lam-research.md","docs":"https://supercyclehq.com/api/v1/openapi.json"}}