Lam Research News - August 2026

Lam Research valuation hits $310, driven by surging AI chip demand

Morningstar raised its fair value estimate for Lam Research to $310 from $220. The semiconductor company reported a 30% year-over-year increase in...

Dan Loeb's Third Point Exits Lam Research (LRCX) Stake

Activist investor Dan Loeb's firm, Third Point, has sold its entire position in semiconductor equipment manufacturer Lam Research (LRCX). According to a Q2...