Lam Research (LRCX) Stock Today: Why Shares Are Near Record Highs, Fresh Analyst Targets, and What Investors Should Watch Next
New York — Friday, December 26, 2025 (2:17 p.m. ET). Lam Research Corporation (NASDAQ: LRCX) is trading in the upper-$170s in a quiet, post-Christmas U.S. session—holding near recent highs as investors continue to price in an AI-driven semiconductor capex upswing that could extend into 2026 and beyond. Around mid-afternoon in New York, LRCX was about $178.70, up modestly on the day, with an intraday range roughly $177.44–$179.77. The tone across Wall Street fits the calendar: thin liquidity, limited scheduled economic data, and a market hovering close to records as the year winds down. Reuters described equities as trading near peaks