In this article, we will list the 5 Best AI Memory Stocks to Buy in 2026. Please visit 10 Best AI Memory Stocks to Buy in 2026 if you would like to see the extended list and the methodology behind it.
5. Lam Research Corporation (NASDAQ:LRCX)
Number of Hedge Fund Holders: 123
Lam Research Corporation (NASDAQ:LRCX) is one of the best AI memory stocks to buy in 2026. Cantor Fitzgerald lifted the price target on Lam Research Corporation (NASDAQ:LRCX) to $425 from $320 on June 10 and maintained an Overweight rating on the shares, telling investors in a research note that the firm believes the semi equipment industry is in the “early innings of a multi-year supply-constrained and durable upcycle.” It added that the outlook has improved over the last three months, with bookings visibility now beginning to extend into 2028. Cantor also believes that the leading-edge foundry and logic is the primary wafer fab equipment growth driver, with the majority of new wafer start investments in 2026 and 2027 in AI-driven logic.
Lam Research Corporation (NASDAQ:LRCX) also received a rating update from Oppenheimer on June 15, with the firm lifting the price target on the stock to $400 from $330 and reiterating an Outperform rating on the shares. The firm stated that its Lam bus tour meeting raised confidence that the AI-driven WFE upside remains and is not fully reflected in estimates.
Lam Research Corporation (NASDAQ:LRCX) is involved in the design, manufacture, refurbishment, marketing, and provision of semiconductor processing equipment that is used in the fabrication of integrated circuits. The company’s operations are divided into the following geographical segments: the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan.
