IWL's Holdings Imply 10% Gain Potential
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 22 2024
0mins
Should l Buy LRCX?
Source: NASDAQ.COM
ETF Analyst Target Prices: The iShares Russell Top 200 ETF (IWL) has an implied analyst target price of $148.70, indicating a potential upside of 10.39% from its current trading price of $134.71. Notable underlying holdings with significant upside include Danaher Corp, Applied Materials, and Lam Research Corp.
Investor Considerations: Analysts' target prices may reflect optimism or could be outdated, necessitating further research by investors to determine the validity of these targets in light of recent company and industry developments.
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Analyst Views on LRCX
Wall Street analysts forecast LRCX stock price to fall
22 Analyst Rating
18 Buy
4 Hold
0 Sell
Strong Buy
Current: 211.150
Low
142.00
Averages
192.50
High
265.00
Current: 211.150
Low
142.00
Averages
192.50
High
265.00
About LRCX
Lam Research Corporation is a global supplier of wafer fabrication equipment and services to the semiconductor industry. The Company designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Its products and services are designed to help its customers build devices that are used in a variety of electronic products, including mobile phones, personal computers, servers, wearables, automotive vehicles, and data storage devices. Its product families include ALTUS, SABRE, SPEED, Striker, VECTOR, Flex, Vantex, Kiyo, Versys Metal, Syndion, Coronus, and DV-Prime, Da Vinci, EOS, and SP Series. Its customer base includes semiconductor memory, foundries, and integrated device manufacturers that make products such as non-volatile memory, dynamic random-access memory, and logic devices. It offers services in areas, such as nanoscale applications enablement, chemistry, plasma and fluidics, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Technological Innovation Focus: The collaboration will concentrate on developing advanced etch and deposition capabilities, as well as High NA EUV lithography processes, to meet the demands of increasingly complex device architectures, thereby accelerating industry adoption of next-generation interconnect and device patterning.
- Decade of Partnership: IBM and Lam Research have collaborated for over a decade to advance logic fabrication technologies, successfully enabling early applications of 7nm, nanosheet, and EUV process technologies, which lays a solid foundation for this new agreement.
- Combining Research Capabilities: By leveraging IBM's advanced research capabilities at the Albany NanoTech Complex alongside Lam's end-to-end process tools and innovations, the teams will build and validate complete process flows for nanosheet and nanostack devices, ensuring reliable transfer of High-NA EUV patterns into actual device layers with high yield.
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- Strong Equipment Demand: Analysts project that wafer fabrication equipment spending could reach $135 billion by 2026, representing a 23% year-over-year increase, indicating a rapid growth in demand for new manufacturing equipment, particularly from foundry, DRAM, and NAND chip production.
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See More
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- Research Focus: The partnership will focus on developing new materials and processes to enhance semiconductor performance at extremely small scales.
See More
