Lam Research stock gains on dividend hike and India plan
Published on 09/21/2026 at 11:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Lam Research stock (ISIN US5128073062) closed at USD 288.11 on Nasdaq on September 18, 2026, up 6.98 percent from the prior day, while market capitalization stood at about USD 360.51 billion on September 19, 2026.
Dividend and India spending
According to ad hoc news on September 20, 2026, Lam Research approved a 27 percent increase in its quarterly dividend to USD 0.33 from USD 0.26, with the higher payout payable on October 14, 2026. The same report links the move to record fiscal fourth-quarter earnings and a more upbeat view of AI-driven chip-equipment demand.
On September 16, 2026, ANI reported that Lam Research plans about Rs 10,000 crore of investment in India over the next several years for a first silicon component manufacturing facility and expanded research and development operations. That anchors the stock story in capital spending, not only in the dividend change.
Latest numbers
MarketBeat said on September 21, 2026 that Lam Research's last quarterly earnings release was on July 29, 2026, when it reported USD 1.82 in earnings per share on revenue of USD 6.72 billion. The same report said revenue was up 30.0 percent year over year, compared with USD 1.33 per share in the prior-year period.
MarketBeat also reported Q1 2027 guidance of USD 2.000 to USD 2.300 EPS and a consensus estimate of USD 9.33 per share for the current full year. For investors, that puts the next test on execution after a quarter that already beat EPS consensus by USD 0.13.
Stock stays elevated
Lam Research stock traded with a 52-week range of USD 125.00 to USD 438.50 and a price of USD 288.11 on September 18, 2026. The share price sat about USD 150.39 above the low and about USD 150.39 below the high, a symmetrical midpoint that keeps valuation and guidance in view.
Lam Research stock key data
- Company: Lam Research Corporation
- ISIN: US5128073062
- Ticker: LRCX
- Trading venue: Nasdaq
- Price (as of September 18, 2026): USD 288.11
- Market capitalization: USD 360.51 billion (as of September 19, 2026)
- Sector / Industry: Information Technology / Semiconductors and Semiconductor Equipment
- Index membership: Nasdaq 100
