LRCX

U.S. stock futures pointed higher Wednesday morning, led by semiconductor stocks, even as the United States launched fresh strikes against Iran overnight. Nasdaq-100 futures were up 0.4% and S&P 500 futures climbed 0.1%. Futures tied to the Dow Jones Industrial Average were little changed, up 5 points. The VanEck Semiconductor ETF advanced 1.2%. ASML stock rose 3% after the Dutch chipmaking equipment manufacturer reported record orders for its latest quarter. The company raised its sales guidance for the second time this year, signaling that demand for advanced chip production equipment remains strong. Shares of Intel and Lam Research were also each up more than 3%. Oil prices climbed after U.S. Central Command said overnight that U.S. forces had launched additional strikes against Iran. "The strikes are designed to further degrade military capabilities Iranian forces have used to attack commercial shipping in the Strait of Hormuz," U.S. Central Command said in a post on X. West Texas Intermediate crude futures were trading at $80.21 a barrel, a gain of 1%. International Brent crude was up 1.1%, reaching $85.68 a barrel. Wednesday's premarket gains followed a broad rally on Tuesday after a cooler-than-expected inflation reading boosted confidence that the Federal Reserve may not need to tighten monetary policy as aggressively as previously feared. June's U.S. consumer price index showed a 0.4% monthly drop, pulling the year-over-year inflation rate down to 3.5%. The consensus forecast had called for a 0.2% monthly decrease and a 3.8% annual rate, according to CNBC. The June inflation data prompted traders to pull back expectations for a near-term rate increase. CME's FedWatch Tool showed the odds of a July rate increase dropping sharply to 17% from 42% the day before. Traders still see a 63% chance that borrowing costs will be a quarter- or half-point higher by the time of the September meeting. "While energy played a big role in the price deceleration, the easing was pretty broad and spread across a bunch of categories, a relief to investors," Adam Crisafulli, founder of Vital Knowledge, said in a note reported by CNBC. "However, the Fed and economy aren't in the clear — inflation is still elevated on an absolute basis, oil is back on an upswing, and AI is proving to be very inflationary at the moment." Earnings season also continued Wednesday, with BlackRo...

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ASML's monopoly on EUV lithography and a July 15 Q2 earnings catalyst could push shares 11% higher to $2,023 from $1,831. Unlike AMAT and LRCX, ASML sells the only EUV lithography systems on earth, where CEO Fouquet says supply cannot meet demand through 2026. A EUR 12 billion buyback through 2028 and a 17% dividend hike reinforce confidence in ASML's $13 billion annual free cash flow. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and ASML didn't make the cut. Grab the names FREE today. Own ASML Holding (NASDAQ:ASML) before the opening bell on July 15 when the company reports Q2 results and almost certainly reiterates a raised full-year outlook the market is still underpricing. The thesis rests on the fact that ASML is the only company on earth that sells EUV lithography, at a moment when its own CFO says "2026 is panning out very nicely" and management just widened FY guidance upward. ASML traded around $1,804.25 last Friday, sitting 8% below its 52-week high of $1,999.96, with the 24/7 Wall St. base case pointing to $2,022.82 and a 0.9 (High) confidence score. The shares are already up 124.48% over the past year and 65.91% year to date, and the tape shifted violently in the buyer's favor Thursday, with the stock rallying 3.5% intraday ahead of the earnings report. 1. The Q2 catalyst is loaded: Management already raised FY2026 revenue guidance to EUR 36 billion to EUR 40 billion on the Q1 call, with CFO Roger Dassen calling it "a very strong year". Q1 2026 already delivered EPS of $8.43 and revenue of $10.34 billion, with gross margin printing at 53.0%, the high end of guidance. Q2 guidance sits at EUR 8.4 billion to EUR 9.0 billion. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and ASML didn't make the cut. Grab the names FREE today. 2. The demand picture is structural: CEO Christophe Fouquet told investors that "supply will not meet the demand for the foreseeable future" and that memory customers are "sold out for 2026". The 2025 backlog closed at $45.06 billion against Q4 net bookings of $15.28 billion. 3. Capital return is accelerating: ASML activated a EUR 12 billion buyback in January 2026 running through 2028 and lifted the FY2025 dividend 17% to EUR 7.50 per share. FY2025 free cash flow hit $12.81 billion. Because Applied Materials (NASDAQ:AMAT) and Lam Research (NASDAQ:LRCX) do n...

ASML Holding ASML is slated to report second-quarter 2026 results before the market opens on July 15, 2026. ASML expects revenues between €8.4 billion and €9 billion. The Zacks Consensus Estimate is pegged at $10.28 billion, indicating a 17.8% increase from the year-ago quarter’s level. The Zacks Consensus Estimate for earnings is pegged at $7.98 per share, suggesting an increase of 75.4% from the year-ago quarter’s earnings of $4.55. The estimate has been revised downward by 3 cents over the past 30 days. Image Source: Zacks Investment Research The company’s earnings outpaced the Zacks Consensus Estimate twice in the trailing four quarters while missing on two occasions, the average negative surprise being 4.54%. ASML Holding N.V. price-eps-surprise | ASML Holding N.V. Quote Our proven model does not conclusively predict an earnings beat for ASML this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that’s not the case here. ASML Holding currently carries a Zacks Rank #4 (Sell) and has an Earnings ESP of -1.04%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. You can see the complete list of today’s Zacks #1 Rank stocks here. ASML Holding’s second-quarter performance is likely to have benefited from the rising demand for its lithography tools, which is gaining traction on the back of the need to produce more complex logic, DRAM, HBM and NAND chips. ASML’s EUV technology is gaining the highest traction among DRAM, followed by HBM and DDR. Shift toward High NA-EUV technology, strong usage of ASML’s DUV technology in China and EUV in the rest of the world are likely to have driven the company’s top line in the to-be-reported quarter. As AI and high-performance computing processes like training and inference require better HBM and DRAM chips, ASML’s advanced etching tools will remain in demand. The growing popularity of ASML Holding’s NXE:3800 low numerical aperture (NA) machine, which can process 220 wafers per hour, is likely to have driven substantial EUV sales in the to-be-reported quarter. The industry’s shift from 4nm to 2nm nodes has led to single-exposure EUV technology gaining popularity. EUV is likely to have gained traction in the to-be-reported quarter. ASML Holding’s upgrade and service bu...

FREMONT, Calif., July 8, 2026 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, July 29, 2026, beginning at 2:00 p.m. Pacific Daylight Time (5:00 p.m. Eastern Daylight Time). Webcast: To access the webcast, visit the Investors section of Lam's website at http://www.lamresearch.com and click on the Investors/Investors Overview/Events & Presentations section to view the details. Replay Information: A webcast replay will be available on the Lam Research website approximately three hours after the conference call concludes. About Lam Research Lam Research Corporation (NASDAQ: LRCX) is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam's equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research is a FORTUNE 500® company headquartered in Fremont, California, with operations around the globe. Learn more at www.lamresearch.com (LRCX). IR Contact: Ram GaneshInvestor Relations(510) [email protected] Source: Lam Research Corporation (Nasdaq: LRCX) View original content to download multimedia:https://www.prnewswire.com/news-releases/lam-research-corporation-announces-june-quarter-financial-conference-call-302821029.html

Lam Research Corporation (LRCX), headquartered in Fremont, California, designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Valued at $439.5 billion by market cap, the company’s products are used to deposit special films on a silicon wafer and etch away portions of various films to create a circuit design. The semiconductor giantis expected to announce its fiscal fourth-quarter earnings for 2026 in the near term. Ahead of the event, analysts expect LRCX to report a profit of $1.68 per share on a diluted basis, up 26.3% from $1.33 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. Sentiment Could Be Turning Sour on Nvidia. Here’s Where 1 Analyst Thinks NVDA Stock Is Headed Next. Dear Netflix Stock Fans, Mark Your Calendars for July 16 Google Just Launched 2 New AI Models. What That Means for GOOGL Stock. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the full year, analysts expect LRCX to report EPS of $5.68, up 37.2% from $4.14 in fiscal 2025. Its EPS is expected to rise 38.4% year over year to $7.86 in fiscal 2027. LRCX stock has significantly outperformed the S&P 500 Index’s ($SPX) 19.2% gains over the past 52 weeks, with shares up 255.6% during this period. Similarly, it considerably outperformed the State Street Technology Select Sector SPDR ETF’s (XLK) 42.4% gains over the same time frame. LRCX’s outperformance is driven by AI-fueled demand for semiconductor manufacturing equipment. CEO Timothy Archer noted that the Customer Support Business Group hit a record $2 billion in quarterly revenue on growth in spares, upgrades, and services, while investments in advanced packaging, NAND, and DRAM for AI data centers boosted revenue and margins. Archer said “semiconductor technology inflections required for AI compute are driving higher deposition and etch intensity,” creating a multiyear growth setup. Guidance remains strong through 2027, supported by new memory and logic adoption, expanded operations including a Malaysia fab, and tools like Equipment Intelligence and Dextro cobots that improve customer productivity. Analysts’ consensus opinion o...

(Bloomberg) -- Semiconductor stocks are starting the third quarter with their worst two-day selloff in nearly a month. Most Read from Bloomberg Exxon to Change Name for First Time in Decades After Redomicile Meta Is Planning a Cloud Business to Sell AI Computing Power Germany Rejects Trump’s Demands for NATO Loyalty to Washington Russia Indicates Ukraine Fired Long-Range Ballistic Missile Krafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO Resigns The Philadelphia Stock Exchange Semiconductor Index, which is coming off its best quarter ever with an 88% advance in the second quarter, fell as much as 6% on Thursday. That has the index on pace for a decline of 12% over two sessions, the most since June 5. The drop on Thursday was led by the makers of equipment used in the production of chips. Teradyne Inc., Entegris Inc. and KLA Corp. all fell more than 10% while Lam Research Corp. and Applied Materials Inc. each dropped about 8%. Anthropic PBC has held talks with Samsung Electronics Co. as a potential manufacturing partner for a custom AI chip, the Information reported on Thursday, citing people familiar. The AI startup has held discussions with multiple chip design companies, according to the report. The selloff comes amid a volatile stretch for the index of 30 chip-related companies as investors assess the sustainability of spending on artificial intelligence equipment that sent earnings and profit growth soaring in the sector. Over the past two weeks, the chip index has closed with a gain or loss of more than 2% on all but one session. Still, the benchmark remains up 78% in 2026, putting it on track for its best year since 1999. Most Read from Bloomberg Businessweek Spain Built Too Much Solar. Investors Want Out ‘Southern Squeeze’ Grips US Cities Once Known for Affordability The Wall Street Women Who Traded Finance Careers for Influencer Success The Fun Shortage Is Real, and It’s Making America Miserable ByteDance Picks Brazil for Its Largest Data Center Outside China ©2026 Bloomberg L.P.

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Lam Research (LRCX). This company, which is in the Zacks Electronics - Semiconductors industry, shows potential for another earnings beat. This semiconductor equipment maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 8.32%. For the most recent quarter, Lam Research was expected to post earnings of $1.36 per share, but it reported $1.47 per share instead, representing a surprise of 8.09%. For the previous quarter, the consensus estimate was $1.17 per share, while it actually produced $1.27 per share, a surprise of 8.55%. With this earnings history in mind, recent estimates have been moving higher for Lam Research. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Lam Research currently has an Earnings ESP of +1.05%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #2 (Buy) indicates that another beat is possibly around the corner. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric. Many companies end up beating the con...

Micron Technology stock was up 18% in premarket trading on Thursday after the chipmaker's fiscal third-quarter results cleared analysts' targets on nearly every key measure, with the company projecting that the memory-chip shortage will persist past 2027. Broader markets caught a lift from the news. Dow Jones Industrial Average futures added 116 points, or 0.2%, while S&P 500 futures gained 0.7% and Nasdaq 100 futures jumped 2.1%. The rally spread across the semiconductor sector. An upward revision to Qualcomm's non-handset revenue outlook for fiscal 2029 pushed its shares 10% higher. Among other chipmakers, Sandisk and Western Digital climbed at least 12% apiece, while equipment makers Lam Research, KLA, and Applied Materials were also swept up in the advance. Memory peers outside the U.S. followed suit. Micron's two largest global memory rivals also advanced, with Samsung Electronics adding 5% on the Korean exchange and SK Hynix surging 13% in overseas markets. In Asia, the Kospi in South Korea topped regional indexes with a 5.42% jump, and Tokyo's Nikkei 225 climbed 4.61%. Across the Atlantic, European semiconductor names including ASMI, Be Semiconductor, and Soitec moved higher, helping push the pan-European Stoxx 600 up 0.61%. Oil's continued slide offered markets an additional tailwind. Brent crude futures have retreated to just a fraction above their price at the outset of the Middle East conflict. Wall Street's focus on Thursday morning will also include the May PCE price index — the inflation measure the Federal Reserve watches most closely — with forecasts calling for a 4.1% annual rise and a 0.5% gain from the prior month. The core version of the index, which excludes food and energy, is seen climbing 3.4% from a year earlier and 0.3% from April — figures that would mark an acceleration from the prior month's 3.3% annual and 0.2% monthly readings. Ahead of the data release, the 10-year Treasury note was yielding 4.414%, having ticked up by a single basis point. Thursday's data calendar also includes a revised GDP estimate for the first quarter, along with May personal income figures, a preliminary durable goods report, and jobless claims covering the week through June 20.

The S&P 500 Index ($SPX) (SPY) today is down -0.15%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.30%. June E-mini S&P futures (ESM26) are down -0.17%, and June E-mini Nasdaq futures (NQM26) are up +0.24%. Stock indexes are mixed today, with the Dow Jones Industrials posting a new all-time high. Strength in chipmakers is leading the overall market higher. Stocks also garnered support on better-than-expected US economic reports on US May retail sales, a sign of resilient consumer demand, and May pending home sales. Weakness in telecommunication and trucking stocks is limiting gains in the overall market. Rocket Lab vs. Redwire: 1 Stock Has the Stronger Growth Story for the Next Decade Dear SpaceX Stock Fans, Mark Your Calendars for June 16 Dear Western Digital Stock Fans, Mark Your Calendars for June 22 Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Stocks also have carryover support from Monday after the US and Iran agreed to end their war and reopen the Strait of Hormuz, knocking crude oil prices down to a 3.5-month low and stoking risk-on sentiment in asset markets. The market’s focus will be on the conclusion of today’s 2-day FOMC meeting, the first under the leadership of new Fed Chair Kevin Warsh. While the Fed is expected to keep interest rates unchanged, the spotlight will be on how Mr. Warsh navigates the post-meeting press conference and the outlook for inflation. US MBA mortgage applications fell -3.8% in the week ended June 12, with the purchase mortgage sub-index down -3.4% and the refinancing mortgage sub-index down -4.5%. The average 30-year fixed rate mortgage was unchanged from last week at 6.60%. US May retail sales rose +0.9% m/m, stronger than expectations of +0.6% m/m. Also, May retail sales ex-autos rose +0.8% m/m, stronger than expectations of +0.6% m/m. US May pending home sales rose +3.8% m/m, stronger than expectations of +0.9% m/m and the biggest increase in 20 months. WTI crude oil prices (CLN26) recovered from a 3.5-month low today and are moving higher as prices consolidate following this week’s plunge. The eventual resumption of vessel traffic through the Strait of Hormuz could lead to the release of more than 100 laden ships ca...

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at semiconductor manufacturing stocks, starting with Lam Research (NASDAQ:LRCX). The semiconductor industry is driven by demand for advanced electronic products like smartphones, PCs, servers, and data storage. The need for technologies like artificial intelligence, 5G networks, and smart cars is also creating the next wave of growth for the industry. Keeping up with this dynamism requires new tools that can design, fabricate, and test chips at ever smaller sizes and more complex architectures, creating a dire need for semiconductor capital manufacturing equipment. The 14 semiconductor manufacturing stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.2% while next quarter’s revenue guidance was in line. Luckily, semiconductor manufacturing stocks have performed well with share prices up 10.8% on average since the latest earnings results. Founded in 1980 by David Lam, the man who pioneered semiconductor etching technology, Lam Research (NASDAQ:LRCX) is one of the leading providers of wafer fabrication equipment used to make semiconductors. Lam Research reported revenues of $5.84 billion, up 23.8% year on year. This print exceeded analysts’ expectations by 1.7%. Overall, it was an exceptional quarter for the company with revenue guidance for next quarter exceeding analysts’ expectations and a beat of analysts’ EPS estimates. "Lam delivered record revenue and EPS in the March quarter as AI-driven demand reshapes the semiconductor industry," said Tim Archer, Lam Research's President and Chief Executive Officer. Interestingly, the stock is up 38% since reporting and currently trades at $366.35. We think Lam Research is a good business, but is it a buy today? Read our full report here, it’s free. Headquartered in Singapore, Kulicke & Soffa (NASDAQ: KLIC) is a provider of production equipment and tools used to assemble semiconductor devices Kulicke and Soffa reported revenues of $242.6 million, up 49.8% year on year, outperforming analysts’ expectations by 5.5%. The business had a stunning quarter with a beat of analysts’ EPS and adjusted operating income estimates. The market seems happy with the results as the stock is up 20.6% since reporting. It currently t...

It has been about a month since the last earnings report for Cirrus Logic (CRUS). Shares have added about 2.3% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Cirrus Logic due for a pullback? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent catalysts for Cirrus Logic, Inc. before we dive into how investors and analysts have reacted as of late. Cirrus Logic reported fourth-quarter fiscal 2026 adjusted earnings per share (EPS) of $1.95, which surpassed the Zacks Consensus Estimate of $1.76. The company reported adjusted EPS of $1.67 in the prior-year quarter. Revenue for the quarter came in at $448.5 million, exceeding the midpoint of guidance ($410-$470 million). Revenues declined 23% sequentially due to weaker smartphone unit shipments but increased 6% year over year, mainly driven by robust demand for smartphone components. The growth was partly offset by pricing pressure and softer sales in general markets. The Zacks Consensus Estimate for revenues was pegged at $439.8 million. Cirrus Logic generated $2 billion in revenues for fiscal 2026, reflecting a 5% increase from the previous year, driven by strong demand for smartphone components and higher component sales for PCs. A key development from the earnings announcement was its expansion into new smartphone silicon categories, including next-generation camera controllers and smart power ICs. Beyond smartphones, Cirrus Logic reported strong year-over-year growth in its PC business. The company’s expansion into laptops and PCs helps reduce concentration risk while opening new long-term revenue streams. A key theme throughout the earnings report was the importance of diversification. Cirrus Logic has spent several years expanding both its product portfolio and customer base. It highlighted growth in smartphones outside of audio applications, as well as growth in PCs and laptops, general market products and power-related semiconductor solutions. This diversification strategy is important because semiconductor markets can be cyclical. Expanding across multiple end markets can help stabilize revenues and reduce dependence on any single product category. The company’s largest customer accounted for 92% of total revenues in the fiscal fourth quarter. Cirrus Logic’s...