1 Top Chip Stock That Could Soar in 2024

07:25am, Monday, 25'th Dec 2023
Micron has indicated the memory chip industry is on pace for new record sales by 2025. Lam Research could be a top beneficiary of the coming chipmaking boom.
Many investors made it a point to avoid growth stocks after a disastrous 2022, but long-term investors were rewarded this year. And, even though many of the best growth stocks have taken off in recent
Lam Research (LRCX) reachead $781.01 at the closing of the latest trading day, reflecting a +1.44% change compared to its last close.
Some investments just look after themselves. They are “set it and forget it” kind of stocks.
The latest trading day saw Lam Research (LRCX) settling at $769.92, representing a -0.46% change from its previous close.
Semiconductors form the backbone of many devices and appliances. Semiconductor chips power up computers, smartphones, cars, refrigerators and other products that people use every day.
Semiconductor equipment spending got a big boost in 2023 from Chinese chipmakers, but that tailwind is likely to end in 2024.
Lam Research (LRCX) closed at $731.24 in the latest trading session, marking a -0.59% move from the prior day.
Lam Research (LRCX) closed the most recent trading day at $715.92, moving +0.27% from the previous trading session.
Chip stocks like Nvidia and Qualcomm power much of the world's technology. And with 750 chipmakers building the brains and the insides of our digital devices, competition in the sector has never been
Lam Research Corporation (NASDAQ:LRCX ) UBS Global Technology Conference November 28, 2023 4:15 PM ET Company Participants Tim Archer - President and Chief Executive Officer Doug Bettinger - Executive
The ever-changing technology industry saw semiconductor companies emerge as pivotal players, steering the trajectory of progress over the past decade.
In August of this year, renowned investor Michael Burry captured attention by disclosing a substantial bearish position of $1.6 billion against the US stock market. Over subsequent months, scrutiny in
Semiconductor sales are rebounding, helping stocks like NVIDIA Corporation (NVDA), Intel Corporation (INTC), Qorvo, Inc. (QRVO) and Lam Research Corporation (LRCX).
Lam Research (LRCX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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