Micron's Rally Is Giving Lam Research a Boost. Here's Why
Micron's Rally Is Giving Lam Research a Boost. Here's Why
is getting a lift from the AI-driven memory boom, as strong demand for chips pushes companies to invest more in manufacturing equipment.
What I find interesting is that Lam Research benefits from the spending behind the AI boom, not just the chips themselves. With Micron's strong results adding to the momentum, could have more room to grow.
But after such a big run, I'd be watching whether earnings growth can keep up with the stock's valuation.
Would you consider for AI exposure, or do you think the rally has already priced in too much?
Lam Research is a good example of the AI boom benefiting the equipment suppliers too. The key question is whether earnings can keep pace with the rally.
The equipment side of the AI trade is so fascinating to watch. Lam Research has been on my watchlist for a while but I might wait for a slight dip.
