New Zealand markets closed
  • NZX 50

    11,641.85
    -12.71 (-0.11%)
     
  • NZD/USD

    0.6382
    +0.0009 (+0.13%)
     
  • NZD/EUR

    0.6058
    +0.0006 (+0.10%)
     
  • ALL ORDS

    7,509.70
    -44.30 (-0.59%)
     
  • ASX 200

    7,307.10
    -47.30 (-0.64%)
     
  • OIL

    81.18
    -0.04 (-0.05%)
     
  • GOLD

    1,812.20
    -3.00 (-0.17%)
     
  • NASDAQ

    12,041.89
    +11.83 (+0.10%)
     
  • FTSE

    7,558.49
    -14.56 (-0.19%)
     
  • Dow Jones

    34,395.01
    -194.76 (-0.56%)
     
  • DAX

    14,490.30
    +93.26 (+0.65%)
     
  • Hang Seng

    18,632.51
    -103.93 (-0.55%)
     
  • NIKKEI 225

    27,736.13
    -489.95 (-1.74%)
     
  • NZD/JPY

    86.2020
    +0.0370 (+0.04%)
     

Here's Why I Keep Buying More Lam Research

Here's Why I Keep Buying More Lam Research

As one of the leading providers of wafer fabrication equipment used in semiconductor manufacturing, Lam Research (NASDAQ: LRCX) may be one of the most important companies in the world. Chipmakers rely on its tools to produce the semiconductors that are vital to everything from data storage to smart cars to mobile devices. Despite this, shares of Lam Research are down 47% year to date.