Lam Research Option Alert: Jun 20 $90 Calls Sweep (12) near the Ask: 879 vs 5092 OI

Lam Research Option Alert: Jun 20 $90 Calls Sweep (12) near the Ask: 879 @ $7.901 vs 5092 OI; Ref=$89.34

Lam Research Option Alert: Jun 20 $90 Calls Sweep (37) near the Ask: 1079 vs 5092 OI

Lam Research Option Alert: Jun 20 $90 Calls Sweep (37) near the Ask: 1079 @ $7.899 vs 5092 OI; Ref=$89.29

Lam Research Option Alert: Jan, 2027 $90 Puts at the Ask: 550 vs 1 OI

Lam Research Option Alert: Jan, 2027 $90 Puts at the Ask: 550 @ $19.2 vs 1 OI; Ref=$83.165

Lam Research (NASDAQ:LRCX) 株価情報

Lam Research

Lam Research is one of the largest semiconductor wafer fabrication equipment manufacturers in the world. It specializes in deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.

Lam Research Corp

News

LRCX

Lam Research Exec Says China As A Percent Of Total Revenue Is Going To Be Down This Year

Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) has outperformed the market over the past 10 years by 14.56% on an annualized basis producing an average annual return of 25.43%. Currently, Lam Research has a market capitalization of $96.35 billion. 
Buying $1000 In LRCX: If an investor had bought $1000 of LRCX stock 10 years ago, it would be worth $9,295.62 today based on a price of $75.06 for LRCX at the time of writing.
<h3>Lam Research's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741101308_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Shares of semiconductor stocks are trading lower after a Wall Street Journal report revealed that Chinese buyers have been ordering Nvidia chips despite U.S. restrictions. Additionally, President Trump confirmed Mar. 4 tariffs, which could drive further trade uncertainty.

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Shares of semiconductor companies are trading lower in sympathy with Nvidia, which reversed amid a possible selloff after reporting Q4 financial results.

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Shares of semiconductor companies are trading higher in anticipation of Nvidia's Q4 earnings which are scheduled to be reported after hours today. Additionally, large AI investment announcements from Apple and Meta this week may be buoying the industry.

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Shares of chip stocks are trading lower as the Trump administration reportedly moves to tighten chip restrictions on China. Meanwhile, reports indicate firings at NIST could affect the CHIPS Act, potentially stalling US semiconductor funding. Market sentiment is further weighed down by Microsoft's canceled data center leases and weak consumer data, while investors await Nvidia's earnings for further direction.

In a move to further tighten the noose on China&#8217;s burgeoning tech sector, President Donald Trump is reportedly considering stricter measures on the country&#8217;s semiconductor industry. This move is seen as an extension of efforts initiated under the Joe Biden administration to curb China&#8217;s technological advancement.
What Happened: Trump officials have been in talks with their Japanese and Dutch counterparts to limit the activities of engineers from Tokyo Electron Ltd. and ASML Holding NV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) in China, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-02-25/trump-administration-seeks-more-restrictions-on-china-tech-weighs-nvidia-curbs">reported</a> on Tuesday, citing people familiar with the matter.
The aim is to get allies on board with the U.S. in imposing similar restrictions on China that have been placed on American semiconductor companies, including Lam Research Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>), KLA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>), and Applied Materials Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>).
The Trump administration is also exploring stricter controls on the global export of AI chips without a license. Washington&#8217;s broader objective is to hinder China&#8217;s advancement in building a domestic semiconductor industry that could enhance its AI and military capabilities.
According to the publication, implementation of these new regulations may take several months as the Trump administration selects staff for key federal agencies.
The White House did not immediately respond to <a href="http://pro.benzinga.com">Benzinga&#8217;s</a> request for comment.
SEE ALSO: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43937601/bitcoin-down-7-ethereum-xrp-dogecoin-shiba-inu-plunge-over-10-as-148-billion-liquidation-tsunami-hits">Bitcoin Down 7%, Ethereum, XRP, Dogecoin, Shiba Inu Plunge Over 10% As $1.48 Billion Liquidation Tsunami Hits</a>
Why It Matters: In response to these reports, Lin Jian, from the Chinese foreign ministry, stated that such actions will obstruct the growth of the global semiconductor industry and also backfire, Reuters reported. Meanwhile, it also remains to be seen if Japan and the Netherlands echo the same thoughts as Trump.
This development comes on the heels of President Trump&#8217;s recent announcement of his intention to impose a <a href="https://www.benzinga.com/25/02/43805852/trump-shakes-global-trade-with-25-auto-chip-and-pharma-tariffs-announcement-asian-stocks-pare-their-five-day-rally">25% tariff on auto imports,</a> chips, and pharmaceuticals. These tariffs, expected to take effect as early as April 2, have already caused a stir in international trade. The latest move to tighten restrictions on China&#8217;s tech sector is seen as a continuation of Trump&#8217;s aggressive trade policies, and could potentially escalate trade tensions between the U.S. and China.
Another report by the South China Morning Post suggests that Tencent Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>), Alibaba (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) and ByteDance have significantly increased demand for Nvidia's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) H20 AI chip, driven by the surging popularity of DeepSeek's affordable AI models. This development also comes ahead of the tariffs and chip curbs likely to be imposed by the Trump administration.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/markets/25/02/43934320/should-passengers-accept-deltas-30000-no-strings-attached-compensation-offer-lawyers-weigh-in">Should Passengers Accept Delta Air Lines&#8217; $30,000 &#8216;No Strings Attached&#8217; Compensation Offer? Lawyers Weigh In</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Trump Reportedly Targets China's Tech Sector With Stricter Biden-Era Chip Curbs. It Will Backfire, Says Beijing

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Shares of companies in the broader technology sector are trading lower amid overall market weakness on US consumer and economic concerns.

Shares of semiconductor companies are trading lower amid overall market weakness on US consumer and economic concerns.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Jefferies analyst James Heaney upgraded the rating for Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) from Underperform to Hold and raised the price target from $55 to $100. Roku shares closed at $92.41 on Wednesday. <a href="https://www.benzinga.com/quote/ROKU/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Matthew Lofting upgraded the rating for BP p.l.c. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) from Underweight to Neutral. BP shares closed at $34.54 on Wednesday. <a href="https://www.benzinga.com/quote/BP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup analyst Christopher Danely upgraded NXP Semiconductors N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) from Neutral to Buy and raised the price target from $210 to $290. NXP Semiconductors shares closed at $245.58 on Wednesday. <a href="https://www.benzinga.com/quote/NXPI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>UBS analyst Graham Doyle upgraded Koninklijke Philips N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHG#NYSE">PHG</a>) from Neutral to Buy. Philips shares closed at $25.05 on Wednesday. <a href="https://www.benzinga.com/quote/PHG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Susquehanna analyst Mehdi Hosseini upgraded Lam Research Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) from Neutral to Positive and raised the price target from $75 to $125. Lam Research shares closed at $87.66 on Wednesday. <a href="https://www.benzinga.com/quote/LRCX/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying BP stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="524" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/20144731/image-172-1024x524.png" alt="" class="wp-image-791761" style="width:587px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/20144731/image-172-1024x524.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/20144731/image-172-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/20144731/image-172-768x393.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/20144731/image-172.png 1285w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>

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This BP Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Thursday

On Wednesday, <a target="_blank" href="https://www.benzinga.com/topic/chip-stocks" rel="noreferrer noopener">U.S. chip equipment maker</a> Lam Research Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) launched two new tools for building advanced artificial intelligence chips. The company introduced Akara, an innovative plasma etch and <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/n43812049/lam-research-unveils-industrys-most-advanced-conductor-etch-technology-to-date" rel="noreferrer noopener">advanced conductor etch tool</a>.
Akara delivers novel plasma processing technologies that enable the etch precision and performance needed for 3D chipmaking.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/02/43847808/lenovo-q3-earnings-20-revenue-jump-ai-pcs-and-smartphones-power-market-expansion" rel="noreferrer noopener">Lenovo Q3 Earnings: 20% Revenue Jump, AI PCs and Smartphones Power Market Expansion</a>
Akara enables the scaling of gate-all-around (GAA) transistors, 6F2&nbsp;DRAM, and 3D NAND devices and is extendible to 4F2&nbsp;DRAM, complementary field-effect transistors, and 3D DRAM.
These devices require etch steps and Extreme Ultraviolet (EUV) lithography patterning to form complex 3D structures.&nbsp;
Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) co-COO Dr. Y.J. Mii noted critical plasma etch capabilities will be integral to solving the many semiconductor production challenges the new, more powerful device architectures pose.
Lam Research also showcased ALTUS&nbsp;Halo, an <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/n43812136/lam-research-ushers-in-new-era-of-semiconductor-metallization-with-altus-halo-for-molybdenum-atomi" rel="noreferrer noopener">atomic layer deposition</a> (ALD) tool that harnesses the metal molybdenum&#8217;s capabilities in producing leading-edge semiconductors.
ALTUS Halo delivers exceptional feature fill and high-precision deposition of low-resistivity, void-free molybdenum metallization for advanced semiconductor devices. ALTUS Halo could pave the way for scaling advanced memory and logic chips for future AI, cloud computing, and next-generation smart devices.
Early adoption has begun at leading high-volume 3D NAND manufacturers with fabs in Korea and&nbsp;Singapore&nbsp;and advanced logic fabs, while development continues with DRAM customers.
Lam Research&#8217;s ALTUS Halo tool has enabled Micron Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) to bring molybdenum into mass production.
During the <a target="_blank" href="https://investor.lamresearch.com/events?item=82" rel="noreferrer noopener">2025 investor day</a>, CFO Douglas Bettinger said Lam expects revenue of between $25 billion-$28 billion in 2028 and adjusted EPS of $6-$7. Bettinger noted that adjusted gross margins will reach about 50% by 2028.
Lam Research plans to return over 85% of free cash flow in the near term. It expects Customer Support Business Group (CSBG) growth to be flat in 2025.
The company expects wafer fabrication equipment growth to be mid-high for the next several years. It also noted that customers are cost-conscious and sensitive to the return on investment and the speed with which they can ramp new fabs.
Recently, Lam Research committed $1.2 billion to boost India&#8217;s semiconductor ecosystem, which could be worth <a target="_blank" href="https://www.benzinga.com/government/regulations/25/02/43664402/lam-research-commits-1-2-billion-investment-in-india-eyes-63-billion-semiconductor-growth-market" rel="noreferrer noopener">$63 billion by 2026</a>.
Cantor Fitzgerald analyst Matthew Prisco reiterated Lam Research with an Overweight and a <a target="_blank" href="https://www.benzinga.com/quote/LRCX/analyst-ratings" rel="noreferrer noopener">$100&nbsp;price target</a>.
Price Action: LRCX stock is up 1.24% at $88.75 at the last check on Thursday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/02/43813469/analog-devices-beats-q1-estimates-raises-dividend-as-automotive-revenue-declines" target="_blank" rel="noreferrer noopener">Analog Devices Beats Q1 Estimates, Raises Dividend As Automotive Revenue Declines</a></li>
</ul>

Lam Research Unveils AI Chipmaking Tools, Projects Big Returns

Susquehanna analyst Mehdi Hosseini upgrades Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) from Neutral to Positive and raises the price target from $75 to $125.

Susquehanna Upgrades Lam Research to Positive, Raises Price Target to $125

Mizuho analyst Vijay Rakesh maintains Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) with a Outperform and raises the price target from $87 to $100.

Mizuho Maintains Outperform on Lam Research, Raises Price Target to $100

Cantor Fitzgerald analyst Matthew Prisco reiterates Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) with a Overweight and maintains $100 price target.

Reiteration

Cantor Fitzgerald Reiterates Overweight on Lam Research, Maintains $100 Price Target

Lam Research Exec Says Customers Are Cost Conscious, They Are Also Sensitive To The Return On Investment And The Speed With Which They Can Ramp New Fabs

Lam Research Exec Says Wafer Fabrication Equipment Growth Is Expected To Be Mid-High For The Next Several Years

Lam Research Exec Says CSBG Growth To Be Flat This Year

Lam Research shares are trading higher after the company introduced its ALTUS Halo tool and provided an outlook for several financial metrics.

Lam Research Exec Says Co Expects To Reach Adjusted Gross Margin Of About 50% By 2028

Guidance

Lam Research Exec Says Co Expects Revenue Of $25B-$27B In CY2028; Expects Adjusted EPS Of $6-$7 In 2028

Press Releases

Lam Research Corporation Announces December Quarter Financial Conference Call

Lam Research Establishes 28nm Pitch in High-Resolution Patterning Through Dry Photoresist Technology

Earnings

Lam Research Corporation Reports Financial Results for the Quarter Ended December 29, 2024

Breakthrough EUV Dry Photoresist Technology from Lam Research Adopted by Leading Memory Manufacturer

Dividends

Lam Research Corporation Declares Quarterly Dividend

Lam Research Corporation to Host Upcoming Investor and Analyst Meeting

Lam Research Unveils Industry's Most Advanced Conductor Etch Technology to Date

Lam Research Ushers in New Era of Semiconductor Metallization with ALTUS® Halo for Molybdenum Atomic Layer Deposition

Lam Research Corporation Announces Participation at Upcoming Conference

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Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
03:02 PMFeb 20, 2025	CALL	$90.00	Jun 20, 2025	106	4196	879	82	5092	SWEEP	BULLISH
03:02 PMFeb 20, 2025	CALL	$90.00	Jun 20, 2025	106	3748	1079	74	5092	SWEEP	BULLISH
01:57 PMFeb 14, 2025	PUT	$90.00	Jan 15, 2027	680	550	550	55000	1	TRADE	BEARISH

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