This Motley Fool Hidden Gems Investing podcast, recorded on October 22, 2026, covers Lam Research, a maker of semiconductor equipment whose stock was down about 9% and about 45% below its 2026 high, despite revenue rising 22% in the latest quarter. Its services business, which includes spares, upgrades and service contracts, posted $2.5 billion in sales, up 40%, and the company expects it to grow about 30% this year. The hosts explain advanced packaging, which stacks chips in layers for AI and high-bandwidth memory, and Lam expects related sales to grow about 70% this year. The episode also discusses IBM's view of AI spending and what could boost its business.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
IBMLam Researchartificial intelligencesemiconductorsAI investment
Open a keyword to see other news on the same topic.
Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/04/2026 | 200.28 |
| Change that session | -3.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Chip Stock Rebound Comes Undone After Lam Research Stokes Spending Fears
The rebound in chip stocks faded after Lam Research raised concerns about spending. Market sentiment remains sensitive to AI spending fears, which returned on Thursday and sent chip stocks lower across the board.
- Chip Equipment Stocks Rally as SK Hynix Signals Memory Shortage Into 2030: Lam Research Jumps 5%, Applied Materials Climbs 4%, KLA Gains 3%
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.
- Prediction: A $10,000 Investment in This Memory Stock Will Double by 2030 (Hint: It’s Not Micron or Sandisk)
Lam Research (LRCX) shares have risen 64% over the past year as demand for memory from AI infrastructure boosts sales of chipmaking equipment, and the author notes the memory shortage may last until 2030. In fiscal Q1 2027, the company reported revenue of $8.22 billion, up nearly 55% year over year, a non-GAAP operating margin of 40.2% (up 5.2 percentage points), and adjusted EPS of $2.20, versus Wall Street's estimate of $2.18. Guidance for the current quarter of about $8.6 billion in revenue and $2.33 in adjusted EPS was in line with expectations, and the stock fell more than 8% after the report. SEMI projects global semiconductor equipment sales of $166 billion in 2026, while Bank of America estimates WFE spending could reach $360 billion in 2030. The author sees the post-earnings decline as a possible opportunity and offers a hypothetical: with EPS of $17.11 after four years and a 30x earnings multiple, the stock could reach $513, implying a $10,000 investment could grow to more than $21,600.
- IBM vs. Qualcomm: Which AI Tech Giant Has More Upside Now?
The article compares IBM and Qualcomm as both expand into AI infrastructure. IBM benefits from demand for hybrid cloud and AI, but faces competition from AWS and Microsoft Azure, pricing pressure that is eroding margins, and the risk that Anthropic's Claude Code could reduce enterprises' reliance on legacy COBOL service providers such as IBM. Qualcomm relies on its Snapdragon portfolio and is expanding into AI laptops and desktops with the Snapdragon X, as well as vehicle-to-everything (V2X) systems after its Autotalks acquisition, aiming to move beyond the slowing smartphone market.
- Tech Sell-Off: This All-Star Artificial Intelligence Stock Is Down 50% but Up 127,300% Since Its IPO. Here's Why It's a Screaming Buy Heading Into the Midterms.
Lam Research (LRCX) shares are down almost 50% from their June all-time highs, even though its latest quarter beat expectations, with revenue up 54.5% to $8.22 billion and adjusted EPS up 77.4% to $2.20. Guidance of $8.6 billion in revenue and $2.33 in EPS for the quarter ending Dec. 27 was seen as light, but management said the constraint is tight supply, including clean room space and component shortages, not weaker demand. Management projects industrywide wafer front-end equipment (WFE) spending will exceed $200 billion in 2027, up from about $155 billion this year, a figure it views as supply-constrained. The article highlights single-level cell (SLC) NAND, which stores one bit per cell and offers lower latency, as a potential driver of more NAND wafer production, with Lam estimating that every 1% shift to SLC requires a 2% increase in NAND wafer volume. The stock trades at 23.9 times the average analyst estimate for fiscal 2027, and the author says it is back in an attractive range after the drawdown.
- Buy pullback in this chip stock, Mizuho says
Mizuho reiterated its Outperform rating on Lam Research (LRCX) after a post-earnings pullback and trimmed its price target to $360 from $365. Lam reported September-quarter revenue of $8.22 billion and EPS of $2.20, slightly above consensus of $8.15 billion and $2.18, with gross margin up 40 basis points to 52.4% and December-quarter revenue guidance of $8.6 billion. The analyst expects wafer fab equipment spending to rise more than 29% in 2027 to over $200 billion and sees SLC NAND as a potential tailwind, given Lam's roughly 90% share of that market. Mizuho estimates Lam's revenue will grow 37% next year, ahead of the 30% consensus, while shares fell about 11.8% on Thursday.
Related markets
Latest news
- 6-month currency swap: Supporting liquidity, easing interest rate pressure
Mr. Nguyễn Thế Minh, Director of Investment Banking at ABS Securities, views the State Bank of Vietnam's 6-month foreign currency–VND swap operation as a suitable measure to support VND funding for credit institutions as interbank rates have trended upward. Exchange rate pressure has eased significantly compared with last year, creating favorable conditions for the operation. The relatively favorable swap cost could help banks balance liquidity and ease short-term interest rate pressure, while household deposits have recently risen. However, the maximum size of USD 2 billion and the 6-month tenor mainly address temporary liquidity needs and do not solve long-term funding issues.
- Why are banks cutting staff en masse?
Staffing in the banking sector is diverging: many banks have cut jobs after restructuring, while others are still hiring. KienlongBank's headcount fell by 1,078 to 2,596 in just one quarter as of 30 September, tied to network reorganisation and a shift to multichannel service; Sacombank cut 3,738 staff in the first six months, and Eximbank's headcount fell by 783 from the start of the year to 5,358. By contrast, ACB added 236 staff to reach 12,691. Expert Nguyễn Quang Huy says the adjustments reflect business model transition and changing skill needs rather than a negative layoff wave, while Dr. Châu Đình Linh says digitalisation and automation are accelerating restructuring, with fewer but higher-quality staff.
- Why Horace Mann Educators stock soared today
Horace Mann Educators reported third-quarter results after the market close on Tuesday, and its stock rose nearly 6% the next day. Revenue was just over $439 million, marginally higher year over year, while core non-GAAP net income rose 50% to more than $85 million, or $2.06 per share, an all-time high. Both figures beat analyst estimates of $323 million in revenue and $1.08 per share. CEO Marita Zuraitis credited strong property and casualty underwriting, higher net investment income and growth across diversified businesses. The company raised its full-year core EPS guidance to $5.75–$5.95 from $4.60–$4.90, its second consecutive raise, and the author says the investor reaction was, if anything, understated.
- Bầu Hiển's wind power project in Laos reports profit of nearly VND 1,100 billion
T&T Group's Savan 1 phase 1 wind project in Laos recorded revenue of over VND 1,200 billion and gross profit of nearly VND 1,100 billion after nine months, with a gross margin of about 89%, according to its Q3/2026 report. The company says the project met its full-year revenue and profit plan after roughly 16 months of work, including 48 turbines and a nearly 70 km 220 kV line connecting to Vietnam's grid. Phase 2, at 195 MW, is expected to start construction late this year. T&T and Vinacom have also signed an MoU to develop the 495 MW Savan 2 project, with an estimated investment of about USD 768 million and commercial operation by 31/12/2028. Once completed, T&T's wind capacity in Laos is expected to reach 990 MW.
- Deposit rates on November 5 at Vietcombank, BIDV, VietinBank, Agribank, MB, VPBank, Techcombank, Sacombank, HDBank,...
Online deposit rates on November 5 varied widely across 35 banks, especially for terms of 6 months and longer. VPBank led the 18-month term at 7.4% a year, while five banks (MBV, PGBank, Sacombank, VCBNeo and VIB) listed 7% a year for 12 months. At the bottom, SCB offered just 0.6% a year for 18 months, 6.8 percentage points below VPBank. The article advises depositors to check the actual conditions at each bank and compare the same term and deposit method, noting that some bank staff may offer rates of 8–9% a year under certain conditions.
- Arista Networks stock gets fresh backing from Jim Cramer and Wall Street
Arista Networks beat earnings estimates and gave Wall Street a stronger-than-expected outlook for 2027. The stock has also received fresh backing from Jim Cramer and Wall Street.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.