Home / Business and Economy / Semiconductor Titan Lam Research Surges 43.5% YTD, Outpacing Market
Semiconductor Titan Lam Research Surges 43.5% YTD, Outpacing Market
29 Aug
Summary
- Lam Research's market cap reaches $131.2 billion
- Stock up 26.4% in past 52 weeks, outperforming S&P 500
- Q4 revenue and EPS beat expectations, gross margins strong
As of August 29, 2025, Lam Research Corporation (LRCX), a semiconductor equipment giant, has continued to outshine the broader market. With a market cap of $131.2 billion, the Fremont, California-based company has seen its stock rally 26.4% over the past 52 weeks, far outpacing the S&P 500's 15.2% gain.
Moreover, on a year-to-date basis, LRCX's stock has soared 43.5%, compared to the S&P 500's 10.2% return. This impressive performance has also outshone the First Trust Nasdaq Semiconductor ETF (FTXL), which has seen a 15.3% YTD increase.
Lam Research's strong Q4 2025 results, reported on July 30, 2025, have been a key driver of this outperformance. The company reported revenue of $5.2 billion and adjusted EPS of $1.33, both exceeding consensus estimates. Compared to the year-ago quarter, Lam's top-line grew by a notable 33.6%, driven by increasing demand for its deposition and etch technologies. The company also recorded strong gross margins and record EPS.
Despite the solid results, Lam's shares declined 4.3% in the following trading session, as investors remained cautious about the company's significant reliance on revenue from China, which raises concerns about potential regulatory risks and market volatility. However, analysts remain bullish, with a "Moderate Buy" consensus rating based on 20 "Strong Buy," two "Moderate Buy," and 10 "Hold" recommendations.
