AIUP4.580%
as of Sep 2
LRCX
GrowthLAM RESEARCH CORP
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced CVD products.
Close · 3M
+9.29%
Held by 3 AI ETFs
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
Buy signals11
Win rate0% (0/11)
Avg buy return-8.52%
AMOM · Weight decrease · 4d
weight 2.710% → 1.270% (-1.440 pp)·stock down 9.3% in the 30 days before
Sep 2·entry $288.32·now $292.66
+1.51%
since Sep 2
AMOM · Weight decrease · 3d
weight 2.710% → 2.540% (-0.170 pp)·stock down 1.5% in the 30 days before
Sep 1·entry $290.20·now $292.66
+0.85%
since Sep 1
AMOM · Weight decrease · 2d
weight 2.710% → 2.600% (-0.110 pp)·stock up 2.9% in the 30 days before
Aug 31·entry $301.49·now $292.66
-2.93%
since Aug 31
AMOM · Weight increase · 4d
weight 2.620% → 2.740% (+0.120 pp)·stock up 7.9% in the 30 days before
Aug 25·entry $314.66·now $292.66Fresh
-6.99%
since Aug 25
AMOM · Weight increase · 3d
weight 2.620% → 2.720% (+0.100 pp)·stock up 1.6% in the 30 days before
Aug 24·entry $310.17·now $292.66Fresh
-5.65%
since Aug 24
AMOM · Weight increase · 2d
weight 2.620% → 2.700% (+0.080 pp)·stock down 1.8% in the 30 days before
Aug 21·entry $314.00·now $292.66Fresh
-6.80%
since Aug 21
AMOM · Weight decrease · 2d
weight 2.830% → 2.620% (-0.210 pp)·stock down 4.6% in the 30 days before
Aug 19·entry $307.17·now $292.66
-4.72%
since Aug 19
AMOM · Accumulation · 5d
weight 2.660% → 2.830% (+0.170 pp)·stock up 9.7% in the 30 days before
Aug 17·entry $343.84·now $292.66Fresh
-14.88%
since Aug 17
AMOM · Accumulation · 5d
weight 2.240% → 2.760% (+0.520 pp)·stock up 3.6% in the 30 days before
Aug 14·entry $332.36·now $292.66Fresh
-11.94%
since Aug 14
AMOM · Accumulation · 5d
weight 2.240% → 2.810% (+0.570 pp)·stock up 0.5% in the 30 days before
Aug 13·entry $337.01·now $292.66Fresh
-13.16%
since Aug 13
AMOM · Weight increase · 2d
weight 2.650% → 2.730% (+0.080 pp)·stock down 5.8% in the 30 days before
Aug 12·entry $326.11·now $292.66Fresh
-10.26%
since Aug 12
AMOM · Weight increase · 2d
weight 2.240% → 2.700% (+0.460 pp)·stock down 11.8% in the 30 days before
Aug 7·entry $311.35·now $292.66Fresh
-6.00%
since Aug 7
AMOM · Sudden change · 1d
weight 2.240% → 2.660% (+0.420 pp)·stock down 8.2% in the 30 days before
Aug 6·entry $305.77·now $292.66
-4.29%
since Aug 6
+15.97%
since Jul 29
+8.55%
since Jul 28
-4.60%
since Jul 20
-6.59%
since Jul 17
PQUS · Weight decrease · 2d
weight 0.550% → 0.500% (-0.050 pp)·stock down 1.8% in the 30 days before
Aug 21·entry $314.00·now $292.66
-6.80%
since Aug 21
PQUS · Weight increase · 2d
weight 0.750% → 0.800% (+0.050 pp)·stock down 11.8% in the 30 days before
Aug 8·entry $306.40·now $292.66Fresh
-4.48%
since Aug 8
-0.12%
since Jul 31
-4.60%
since Jul 19
PQUS · Weight increase · 2d
stock down 15.2% in the 30 days before
Jul 17·entry $313.30·now $292.66Fresh
-6.59%
since Jul 17
AIEQ · Exit · 1d
weight 0.290% → 0 (exited)·stock down 25.1% in the 30 days before
Aug 2·entry $294.61·now $292.66
-0.66%
since Aug 2
-1.70%
since Jul 30
-4.60%
since Jul 19
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.
Buffett-style framework
Too hard to callas of Aug 9
AI ETFs show mixed signals for Lam Research, with some increasing their positions and others exiting or decreasing weight. This contrasts with a Buffett-style framework, which deems the company 'Too Hard' due to the inherent unpredictability of its industry, suggesting a value investor would avoid a position regardless of these mixed signals.
- Circle of CompetenceThe semiconductor equipment industry's inherent cyclicality and rapid technological change make long-term cash flow projections and predictable unit economics genuinely challenging for a decade.
- Economic MoatA definitive assessment of a durable competitive advantage for ten years cannot be made, given the industry's dynamic nature and limited data on specific moat sources.
- ManagementThe provided data does not offer sufficient information to evaluate management's candor, capital allocation discipline, or 'skin in the game.'
- Financial HealthThe limited financial data (single year ROE, revenue growth) is insufficient to assess multi-year financial health metrics such as 10-year average ROE, operating margin trends, debt manageability, or owner earnings.
- Margin of SafetyWithout reliable cash flow projections and detailed financial data to estimate intrinsic value, a defensible margin of safety cannot be determined.
This analysis concludes that Lam Research falls outside the circle of competence for a value investor due to the inherent unpredictability of the semiconductor equipment industry's long-term cash flows. While some financial metrics appear strong, the inability to reliably project future earning power for a decade prevents further evaluation. Consequently, the company is classified as 'Too Hard' to assess within this framework.
Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.