Don’t Pick Sides In The Arms Race, Invest In The Arms Dealer With LRCX

Performance and Valuation Prime™ Chart Lam Research Corporation (NASDAQ:LRCX) designs, manufactures, and services semiconductor processing systems used in the fabrication of integrated circuits. By establishing close partnerships with their customers, and rapidly innovating and delivering key products, services, and capabilities at scale, LRCX has managed to achieve a leadership position in an industry with material growth tailwinds. As the markets for machine learning, virtual reality, connected cars, and the Internet of Things continue to expand, demand for increasingly powerful memory and logic chips is driving demand for innovative equipment and technologies. With LRCX at the forefront of pioneering technologies such as 3D NAND, multiple patterning, and FinFET, the firm is well positioned to benefit from these substantial tailwinds. Prior to 2012 LRCX had seen fairly volatile profitability, with UAFRS-based ROA…


Link to Full Article: Don’t Pick Sides In The Arms Race, Invest In The Arms Dealer With LRCX

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