LRCX Lam Research Corp.

$LRCX had a very strong quarter. The selloff looks more like a “guidance only met expectations” reaction than any collapse in demand. The bigger read-through may actually be bullish for memory: $MU / $SKHY: DRAM and HBM are expected to lead 2027 spending, and Lam specifically highlighted HBM-enabling technology as a major driver. $SNDK: NAND revenue at Lam jumped ~40% QoQ, with management increasingly bullish on AI-driven NAND demand. Samsung also benefits from the same DRAM + NAND cycle, though company-specific execution still matters. So $LRCX weakness does not necessarily mean memory demand is weakening. The underlying spending commentary was still very strong.

$LRCX We got the same treatment on the last quarter results (down after hours)-it took 3-5 days to knock some sense into the analysts and funds. This time is no different. Time for a drink.

$LRCX More on this ahead of the call (i.e. speculation based on past mgmt commentary)... but clearly shareprice reaction is in response to Q2'FY27 guidance only being ~ +5% sequential q/q growth vs the +22% just posted in Q1'FY27. I *highly suspect* this is because last quarter was a catch up to newly made available fab space with more fab space not yet opening up until CY2027 (or beg. Q3'FY27 for Lam). That's not = lack of demand just a limitation of available fab space for their customers to accept delivery which mgmt has commented as being a major bottleneck. If proven accurate on call... would expect share price to rebound quite quickly. We shall see $SPY

$LRCX Lam Research tonight. It has a great earnings surprise track record. Just one miss over the last 5 years and it was in 2022.

$LRCX What if they missed the numbers, and lowered the guidence? 😂. This would've dropped 50%? Everyone is so sensitive and chicken sht these days

$LRCX Down 10% for what? Demand is high, supply chain constraints? Record quarter, record year, record margins, record sales, record profits, record guidence for the foreseeable future. So some revenue pushed backed to March Quarter. This game is fucking stupid

$LRCX disapointing Dec'26 qtr guidance (by < 5% to the downside) was actually due to supply chain tightness. Based on the tone of management and unwillingness to elaborate (likely due to not wanting to embarass what could be a sole supplier) definitely seemed isolated and being actively addressed. Impact seems to match the ~5% delta in the Dec'26 qtr guidance which now instead of being recognized in the Dec'26 qtr will just be recognized in the Mar'27 qtr per mgmt. TL;DR: If the selloff is solely attributable to this disapointing guide, fundamentally you'd be inclined to buy as a tight supply-chain has caused a slight timing blip in recognizing revenue stemming from deliveries (likely < 1mo apart). Not the type of thing you adjust a valuation off of imo. $SPY

$LRCX Oh yeah buddy i added afterhours. Thx for cheapies. You must be kidding me. This is easily worth $310 ALL DAY LONG.

$LRCX After some further digging... CFO Doug Bettinger had stated previously at the Citi Global TMT Conference in Sep'2026 that Lam saw: "8 - 10 new tier-one fabs coming online through the end of calendar year 2027" With help from Claude, it identified the 10 tier-one fabs and notes that as of latest reports, 9 of the 10 are on or ahead of schedule with an expected tool-installation window in Q1'CY27 - Q3'CY27... which would suggest the period in which Lam's deliveries can re-accelerate sequentially q/q as the new fab space opens. $SPY

$LRCX Lam research is always a buy and DCA. Amazing company one of my favorites. 350 soon.

$LRCX Blood in the streets... because they can't get enough supply to meet demand? It was expensive but now at 19x 2027 EPS of $12.20. Good area to start buying. Feels like another "Situational Awareness" type fund is getting blown up. Health of the business and stock price are not connected at all. That's when you buy

$LRCX Three reasons to buy: 1-Negative net debt position 2-Low dividend payout ratio 3-The stock is oversold with the 9-day moving average under 20

$LRCX Ridiculous overreaction. Will be bought up in a short time. Will be much higher by Christmas

$LRCX bullshit! Just bought the dip after hours. Double beat. Strongest quarter. This price is a gift. Earnings call if guides higher, this jumps.

$LRCX This is a beat and raise quarter. Certainly not weak enough to break down below the range-- easy buy in the AH.

$LRCX I’ve heard there is a big memory shortage, hmmm I wonder if the company that makes the machines that make those chips is not selling much

$LRCX Daily. Post-earnings, tangible evidence of a change in character. Previous times Lam Research tested 200-day m.a. it bounced hard. This time, sideways, then further breakdown

$LRCX I lost everything in this stock. I sold all of my positions. My family is devastated. Please know the risks of buying this stock

$LRCX | LAM RESEARCH CORPORATION Q3 2026 EARNINGS HIGHLIGHTS ◆ EPS: $2.20 vs. $2.18 est. ✅ ◆ Revenue: $8.22B vs. $8.14B est. ✅ ◆ Net Income: $2.75B (+75.5% YoY) ◆ Operating Income: $3.28B (+79.5% YoY) ◆ Operating Expenses: $1.02B (+18.6% YoY) ◆ Operating Cash Flow: $3.50B (+96.6% YoY) Segment Performance: ◆ Systems Revenue: $5.73B (+61.6% YoY) ◆ Customer Support & Other: $2.49B (+39.9% YoY) Key Metrics: ◆ China represented 35% of Q3 2026 revenue, the largest geographic region, followed by Korea at 20% and Taiwan at 18%. ◆ Free cash flow for Q3 2026 was $3.24B, calculated as operating cash flow of $3.50B less capex of $258M. ◆ Capital expenditures were $257.7M in Q3 2026, up from $188.8M in Q2 2026. Forward Guidance: ◆ Q4 2026 revenue guidance: $8.60B +/- $400M (GAAP and non-GAAP). ◆ Q4 2026 gross margin guidance: 52.5% +/- 1% (GAAP and non-GAAP). ◆ Q4 2026 operating margin guidance: 40.5% +/- 1% (GAAP and non-GAAP). ◆ Q4 2026 net income per diluted share guidance: $2.33 +/- $0.15 (GAAP and non-GAAP).

$LRCX Even if you completely remove the current artificial intelligence boom from the equation, Lam Research is a structural powerhouse in traditional, everyday microchip manufacturing. Lam is not a speculative AI startup; it is a fundamental pillar of the global tech economy that has been building the machines that make microchips since 1980. The vast majority of Lam's manufacturing machine business—known as Wafer Fabrication Equipment (WFE)—is deeply anchored in consumer, industrial, and legacy technology that the modern world relies on every single day