How Lam Research Stock Gets To $200

1. LRCX benefits from rising capital expenditures in AI chip manufacturing. 2. SEMI projects nearly double spending on chip-making equipment by 2028. 3. Valuation gap exists between LRCX and competitors like Nvidia. 4. China restrictions could limit LRCX’s short-term revenue potential. 5. Long-term demand for advanced tools remains high in semiconductor market.