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Bullish Case: LRCX's robust AI-driven demand positions it for growth amid strong semiconductor industry trends. Recent bullish trading activity and performance optimism underscore growth potential, despite short-term volatility.


Bearish Case: Business instability, ongoing U.S.-China trade restrictions, and increased competition could hinder LRCX's market share and profit margins, despite high revenue from AI growth.


Potential Outcomes:

1) AI demand sustains, boosting LRCX (65%);

2) Export restrictions reduce revenue (25%);

3) High competition erodes market share (15%).


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April 24, 2024


Lam Research Forecast

LRCX        Lam Research
Price Forecast: BULLISH    Price Action: RANDOM (?)











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