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The latest lam research news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks lam research across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
Lam Research earns a Buy rating with a 12-month price target of $360, $380, driven by industry leadership and AI-fueled chip complexity tailwinds. The company boasts a majority share in global etch and a robust deposition position, underpinned by high recurring service revenues. Lam Research's earnings normalization and secular growth justify a premium multiple, despite a trailing P/E of 63x and insider selling.
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