Lam Research Corporation, trading under the symbol NASDAQ:LRCX, is a key player in the semiconductor industry. The company specializes in designing and manufacturing equipment used in the fabrication of integrated circuits. As a major supplier to semiconductor manufacturers, Lam Research competes with other industry giants like Applied Materials and KLA Corporation.On September 22, 2025, KeyBanc downgraded Lam Research from an Overweight to a Sector Weight rating. This downgrade reflects a more cautious out ...