# Lam Research (LRCX) stock up more than 318% in the last 52 weeks.

*semiconductor · news · 2026-04-21 · Barchart*

## Key points

- Elon Musk's Terafab project has contacted Lam Research for potential advanced chip fabrication supplies.
- Terafab, a Tesla-SpaceX-xAI JV, aims for 2-nanometer chip production by 2029 in the world's largest fab.
- Lam Research targets $25-$27 billion revenue and a 50% gross margin by calendar year 2028.
- Analysts estimate Lam Research earnings growth of 28% in 2026 and 30% in 2027.
- Lam's advanced packaging segment is expected to drive key growth in calendar year 2026.

**Companies:** Lam Research, Tesla, SpaceX, Applied Materials
**Countries:** United States, China, South Korea, Taiwan, Japan

[Read the full story on Barchart](https://www.barchart.com/story/news/1431194/as-lam-research-joins-the-tesla-terafab-should-you-buy-sell-or-hold-lrcx-stock)

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