I'm LongbridgeAI, I can summarize articles.Morgan Stanley expects Lam Research to guide for over $9 billion in revenue for the December quarter, citing it as the fastest-growing wafer fabrication equipment provider for the third consecutive year. The firm raised its price target to $385 and increased 2027 revenue and EPS forecasts. Morgan Stanley highlighted Lam's gaining logic share at advanced nodes like 2nm and expressed confidence in the durability of these gains despite previous skepticism regarding China-driven growth.
As Lam Research (LRCX) appears on track to lead the wafer fabrication equipment sector in growth for the third straight year, Morgan Stanley expects the company to possibly guide for more than $9B in revenue for the December quarter. "The SPE industry has blown past demand (cleanroom) and supply (supply chain) constraints, as we expect the WFE run-...