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Lam Research (LRCX) stock holds up after Taiwan tool order, Needham target hike as markets slide
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Lam Research (LRCX) stock holds up after Taiwan tool order, Needham target hike as markets slide
New York, January 20, 2026, 11:23 (EST) — Regular session Lam Research shares held steady Tuesday following Taiwan’s Winbond Electronics announcement that it will purchase machinery equipment from Lam Research International worth T$6.81 billion ($215.66 million). Needham also bumped its price target up sharply, from $160 to $250. (TradingView) Timing is crucial. Since the start of the year, chip-equipment shares have been volatile, with investor…
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