Lam Research Upgraded To 'Buy' Amid Anticipated Boost From Samsung's HBM Expansion

Lam Research Upgraded To ‘Buy’ Amid Anticipated Boost From Samsung’s HBM Expansion

July 25, 2023

in Stocks

Reading Time: 1 min read

Shares of Lam Research Corporation (NASDAQ:LRCX) were trading higher on Monday, after ending last week in the red.

Samsung is likely planning to expand high bandwidth memory (HBM) capacity in the third quarter, and Lam Research is a prime beneficiary of this, given its strong position in DRAM, according to Stifel.

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Lam Research Upgraded To ‘Buy’ Amid Anticipated Boost From Samsung’s HBM Expansion

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Lam Research Upgraded To ‘Buy’ Amid Anticipated Boost From Samsung’s HBM Expansion

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