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Neville Rodie & Shaw Inc. trimmed its holdings in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 5.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 228,646 shares of the semiconductor company
Lam Research is investing $3 billion over five years to expand its global R&D network, boosting experiment capacity by over 50% to support AI chip development. The stock trades below its 50-day SMA but remains well above long-term averages, supported by strong momentum and growth scores. Analysts maintain Buy ratings…
Lam Research stock now has a USD 390 B. Riley target after the USD 350 level on October 1, 2026. Q4