Trivest Advisors Ltd Takes $10.04 Million Position in Lam Research Corporation $LRCX

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Trivest Advisors Ltd has acquired a new position in Lam Research Corporation, purchasing 75,000 shares valued at approximately $10.04 million, making it their 24th biggest holding. This move comes amidst a positive sentiment for Lam Research, driven by increased AI demand leading to higher industry spending and several analyst upgrades with raised price targets. The article also provides a financial overview of Lam Research, including its recent earnings, dividend announcement, and stock performance, alongside detailed analyst ratings and insider transaction information.

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