Lam Research is the dominant supplier of etch and deposition equipment, both critical for HBM and advanced NAND scaling driving the AI memory boom. SK Hynix, Micron, and Samsung capex cycles are accelerating into 2026 to meet hyperscaler demand. Export controls on China remain a headwind but US/Korea/Taiwan order book more than offsets. Multiple compression relative to AMAT/KLAC looks unjustified given HBM exposure.
Thesis reviewed May 29, 2026
Lam Research Corporation is headquartered in United States, which is currently showing elevated risk signals.
πΊπΈUnited States78REDUCEView United States risk detail βπ»Semiconductors2WATCH| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| 005930.KS | Samsung Electronics | 11 | β | β78% | NEUTRAL |
| WOLF | Wolfspeed Inc. | 11 | -29% | β78% | AVOID |
| ARM | Arm Holdings plc | 11 | +17% | β78% | EARLY |
| AMD | Advanced Micro Devices, Inc. | 11 | +14% | β78% | EARLY |
| MU | Micron Technology, Inc. | 11 | +16% | β78% | EARLY |
| TSM | Taiwan Semiconductor Manufacturing Company | 11 | +12% | β78% | NEUTRAL |
| AMAT | Applied Materials, Inc. | 11 | +14% | β78% | EARLY |
Investors who hold LRCX may also have indirect exposure through these country funds.
SK Hynix raises 2026 HBM capex 35% on Nvidia demand
Lam wins lead etch position at Micron Idaho fab
China revenue mix declining as US/Korea orders surge
Estimates Β· Yahoo Finance Β· Not audited figures
| Politician | Party | Type | Amount | Trade Date | Return |
|---|---|---|---|---|---|
| David J. TaylorOH | Buy | $1kβ$15k | Jun 5, 26 | ||
| Donald J. TrumpFL | R | Buy | $500kβ$1.0M | Feb 10, 26 | +7.7% |
| Donald J. TrumpFL | R | Buy | $100kβ$100k | Mar 11, 26 | +7.7% |
| Donald J. TrumpFL | R | Buy | Unknown amount | Mar 23, 26 | +7.7% |
| Donald J. TrumpFL | R | Buy | Unknown amount | Mar 25, 26 | +7.7% |
| Donald J. TrumpFL | R | Buy | Unknown amount | Mar 12, 26 | +7.7% |
| David J. TaylorOH | R | Buy | $1kβ$15k | Apr 27, 26 | +11.0% |
| David J. TaylorOH | R | Buy | $1kβ$15k | Mar 12, 26 | +39.3% |
| David J. TaylorOH | R | Buy | $1kβ$15k | Feb 26, 26 | +59.6% |
| Cleo FieldsLA | D | Buy | Unknown amount | Feb 3, 26 | +30.4% |
| John Boozman | Sell | $1kβ$15k | Jan 8, 26 | +35.3% | |
| David J. TaylorOH | R | Buy | $1kβ$15k | Jan 16, 26 | +34.1% |
| David J. TaylorOH | R | Buy | Unknown amount | Jan 8, 26 | +39.5% |
| Markwayne Mullin | Buy | $50kβ$100k | Dec 29, 25 | +42.9% | |
| Sheldon Whitehouse | Sell | $15kβ$50k | Aug 28, 25 | +227.1% | |
| Markwayne Mullin | Buy | $15kβ$50k | Jan 2, 24 | +203.7% | |
| Markwayne Mullin | Buy | $15kβ$50k | May 13, 25 | +252.4% | |
| John Boozman | Sell | $1kβ$15k | Apr 16, 25 | +277.2% | |
| Markwayne Mullin | Sell | $50kβ$100k | Apr 8, 25 | +289.7% | |
| John Boozman | Sell | $1kβ$15k | Feb 5, 25 | +319.1% |