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Mizuho Recommends Buying Lam Research Stock | Markets & Money News
Mizuho has maintained an Outperform rating on Lam Research, urging investors to consider buying after a recent pullback. The company reported revenues of $8.22 billion and earnings of $2.20 per share, matching expectations, while gross margins improved to 52.4%. Despite an 11.8% drop in shares, analysts forecast significant growth in wafer fab equipment spending, projected to exceed $200 billion by 2027. With a strong presence in the NAND market and expected revenue growth of 37% next year, Lam
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