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LRCX - Is Top Chip Stock Lam Research a Buy Now for Long-Term Dividend Investors?
Lam Research Corporation
2023-04-25 05:30:00 ET
Lam Research (NASDAQ: LRCX) has rallied in grand fashion the last six months. The stock is up nearly 70% since its multiyear lows set in mid-October 2022, rising in tandem with many other beaten-down semiconductor stocks. Along the way, the chip-manufacturing equipment company has continued doling out its consistent (and growing) dividend payment too, which currently yields 1.4% a year.