5 Best Semiconductor Stocks According to Billionaires

3. Lam Research Corporation (NASDAQ:LRCX)

Number of Billionaire Investors: 19

Dollar Value of Billionaire Holdings: $3.137 billion

Lam Research Corporation (NASDAQ:LRCX) is an American semiconductor materials and equipment company. It offers wafer-fabrication equipment and related services. The company is headquartered in California.

Lam Research Corporation (NASDAQ:LRCX) has a nine-year history of dividend raises. On November 9, the company declared a $2.00 per share quarterly dividend, payable by January 3 to the shareholders of record on December 13. At the time of writing on December 8, Lam Research Corporation (NASDAQ:LRCX) had a dividend yield of 1.14%.

As of the third quarter of 2023, 19 billionaires had a stake in Lam Research Corporation (NASDAQ:LRCX), making it the third-best semiconductor stock according to billionaires.

Follow Lam Research Corp (NASDAQ:LRCX)