9 AI News and Ratings on Wall Street’s Radar

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1. Lam Research Corporation (NASDAQ:LRCX)

Number of Hedge Fund Holders: 84

Lam Research Corporation (NASDAQ:LRCX) develops and services semiconductor processing equipment used in fabricating integrated circuits, offering a range of deposition, etch, and cleaning solutions.

On February 19, Lam Research introduced ALTUS Halo, the first atomic layer deposition tool using molybdenum for advanced semiconductor manufacturing. The technology enables precise, low-resistivity, void-free metallization, supporting the next generation of AI, cloud computing, and smart devices. The shift from tungsten to molybdenum improves efficiency by reducing process steps and enhancing chip speed.

ALTUS Halo is in volume production, with early adoption by major 3D NAND manufacturers in Korea and Singapore, along with advanced logic fabs. Micron credited the tool for enabling mass production of molybdenum in its NAND products, enhancing storage capacity and I/O bandwidth.

While we acknowledge the potential of Lam Research Corporation (NASDAQ:LRCX) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than LRCX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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