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Calculating The Intrinsic Value Of Lam Research Corporation (NASDAQ:LRCX)
"AI venture capital" is making a big splash! Nearly half of the venture capital in the USA for 2024 is flowing towards AI companies.
① In 2024, the Global venture capital financing amount increased to 368.5 billion USD, with AI startups accounting for 35.7% of the financing, up from 24.7% in 2023; ② USA startups secured 209 billion USD in financing, nearly half of which went to AI companies; ③ In 2024, USA AI startups received 97 billion USD in financing, a record high.
Earnings Preview: Lam Research to Report Financial Results Post-market on January 29
$Lam Research(LRCX.US)$ is scheduled to release its financial results post-market on January 29 ET. Earnings PreviewAnalysts estimate $Lam Research(LRCX.US)$ to post revenue of USD3.83B for 2024Q4,
What happened? Global chip stocks have collectively surged, with NVIDIA and Taiwan Semiconductor both reaching new closing highs.
NVIDIA's intraday stock price has broken through $150 for the first time since last November, with semiconductor stocks in Asia, Europe, and the USA seeing a broad rise. The demand for AI stimulated Foxconn's revenue to reach a record high in the fourth quarter of last year, becoming the main driver for leading chip stocks. At the same time, Microsoft and OpenAI have both released bullish signals for AI demand, and the market is also looking forward to Jensen Huang's significant speech on Monday, which has boosted sentiment.
Lam Research Corporation Announces December Quarter Financial Conference Call
Lam Research Stock Soars as Much as 6.7%