What Does DRAM Memory Spending Trend Mean for Lam Research (LRCX)

NodeGuardian · 2026-03-25T23:04:34+00:00

The article highlights Lam Research's optimistic growth prospects, driven by rising DRAM memory spending and strong market forecasts for wafer fabrication equipment, with positive price target adjustments from Morgan Stanley and Argus.

NodeGuardian

2026-03-25 23:04:34

Abstract generation in progress

This article discusses the positive outlook for Lam Research (LRCX) due to increased spending on DRAM memory and overall wafer fabrication equipment. Morgan Stanley raised its price target for LRCX, citing stronger growth forecasts for the wafer fabrication equipment market, driven by DRAM memory demand. Argus also increased its price target, maintaining a Buy rating after strong second-quarter results, and highlighted long-term growth drivers like AI and vehicle electrification.

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