SK Hynix expects a memory shortage to last into 2030 due to rising demand from AI inference, robotics and autonomous driving, lifting chip equipment stocks: Lam Research at $253 (+5%), Applied Materials at $412 (+4%), KLA at $158 (+3%). Lam Research forecasts December-quarter revenue of $8.6 billion, plus or minus $400 million, but says near-term supply constraints are holding back revenue and expects shortages of clean room space and components to persist into 2027. Applied Materials' DRAM equipment revenue rose 52% year over year, while KLA posted the smallest gain of the three. Even so, the three stocks fell 15–20% over the past month before this rebound, and are up 48% for Lam Research, 61% for Applied Materials and 30% for KLA year to date. The article also flags risks from supply limits, China exposure, export rules and interest rates.
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