Semiconductors are the picks and shovels of modern technology. Compute-intensive AI workloads are also priming them for the next wave of secular growth,
a trend that has supported the industry over the past six months as its 3.4% return has closely followed the S&P 500.
Lam Research (LRCX) flashed a bullish Golden Cross on its chart, with short-term moving average breaking above long-term average, amid strong demand for its gear from chip giants like TSMC and Samsung.
While the Nasdaq 100 (^NDX) is filled with cutting-edge technology and consumer companies, not all are on solid footing.
Some are dealing with declining demand, high costs, or regulatory pressures that could limit future upside.
Lam Research Corp (NASDAQ:LRCX) is a high-quality semiconductor stock with strong growth, profitability, and financial health, making it a candidate for long-term investors.
Qualcomm launches AI research center in Vietnam. Major tech companies including Nvidia, Apple, and Alibaba have reached out to Vietnam for supply chain diversification.
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
Lam Research Corp (NASDAQ:LRCX) offers strong growth potential, solid profitability, and reasonable valuation, making it a standout in the semiconductor equipment sector.
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors.
However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
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