Chips kit manufacturer Lam Research (NASDAQ:LRCX) delivered another quarter comfortably ahead of Wall Street expectations, reinforcing the view that wafer fabrication equipment remains one of the strongest ways to gain exposure to AI infrastructure spending and Lam Research remains one of the highest quality ‘picks and shovels’ businesses in global technology. While semiconductor stocks have … Continue reading Lam Research Q4 FY2026: AI spending cycle remains firmly intact