Lam research stock price technical projection models imply Lam

Technical projection models imply Lam Research stock price could challenge its all-time high of $1,007 within this quarter if AI chip orders accelerate. Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis Report That's about 8% worse than Wall Street was expecting. Investors are now worried that the same thing might happen to Lam's stock. Seeing as though, at 26 times earnings, Lam stock is already not cheap, it might be time to sell . Lam Research stock price closed at $942.87 on June 6, 2024, down 0.42% intraday, as tech hardware names saw mild profit-taking despite strong semiconductor sector fundamentals.