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Lam Research (LRCX) stock up more than 318% in the last 52 weeks.
Elon Musk's Terafab project has contacted Lam Research for potential advanced chip fabrication supplies.
KEY POINTS
- 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.
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