Lam Research (LRCX) Has a Shortage That Can’t Be Met, Says Jim Cramer

We recently published 14 Stocks on Jim Cramer’s Radar.  Lam Research Corporation (NASDAQ:LRCX) is one of the stocks on Jim Cramer’s radar.

Lam Research Corporation (NASDAQ:LRCX) is an American semiconductor manufacturing equipment provider. Its shares are up by 194% over the past year and by 20% year-to-date. Goldman Sachs started the year on a strong note for Lam Research Corporation (NASDAQ:LRCX). As per The Fly, the bank raised the firm’s share price target to $180 from $160 and kept a Buy rating on the stock. Several factors that are driving the semiconductor industry’s narrative in 2026, such as higher demand for memory and AI chips, influenced Goldman’s decision. Like Goldman Sachs, Mizuho also raised Lam Research Corporation (NASDAQ:LRCX)’s share price target. It bumped the target to $220 from $200 and kept an Outperform rating on the stock. AI, memory, and optical chip demand drove Mizuho’s optimism. In his recent comments about Lam Research Corporation (NASDAQ:LRCX), Cramer discussed the need to expand production as he remarked that the firm had to “put up plants.” In this appearance, he discussed the demand that the firm is experiencing:

Lam Research (LRCX) Has a Shortage That Can't Be Met, Says Jim Cramer

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“Okay, so, here’s the ones that have a shortage that can’t be met. . . .Lam Research . . .being semiconductor capital equipment. Those stocks are up . . .this is from the year began. Lam 33[%].”

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Disclosure: None. This article is originally published at Insider Monkey.