Exclusive: SiCarrier - Huawei partner in chips - seeks $2.8 billion in funds, sources say
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 14 2025
0mins
Source: Reuters
SiCarrier's Fundraising and Ambitions: SiCarrier, a Chinese chip equipment maker linked to Huawei, is seeking $2.8 billion in its first fundraising round to become the leading domestic provider of chipmaking equipment in China, aiming for an $11 billion valuation while facing challenges due to U.S. export restrictions.
Product Development and Market Challenges: Despite showcasing a range of products at Semicon China, most of SiCarrier's offerings are still under development, and concerns about potential trade secret leaks to Huawei may hinder customer adoption and progress in the competitive semiconductor market.
Analyst Views on LRCX
Wall Street analysts forecast LRCX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LRCX is 192.50 USD with a low forecast of 142.00 USD and a high forecast of 265.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
22 Analyst Rating
18 Buy
4 Hold
0 Sell
Strong Buy
Current: 220.700
Low
142.00
Averages
192.50
High
265.00
Current: 220.700
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.
