Lam Research (LRCX) Stock Near Record High After Oregon Expansion and AI Chip Boom: Price Targets, Forecasts and Risks
As of December 11, 2025, Lam Research Corporation (NASDAQ: LRCX) is trading near record highs after a year‑long surge powered by artificial‑intelligence (AI) chip demand and a fresh expansion in Oregon’s “Silicon Forest.” The stock recently pushed into the high‑$160s, setting new 52‑week highs and more than doubling in 2025, far outpacing the broader technology market. MarketWatch+1 At the same time, Wall Street’s price targets now cluster around or even below the current share price, and at least one discounted cash flow (DCF) model argues that LRCX is significantly overvalued—highlighting a growing tension between momentum and valuation. StocksGuide+2WallStreetZen+2 Below is