By Simply Wall St
Publication Date: 2026-04-30 02:09:00
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US regulators tighten export controls on Lam Research, restricting shipments of chipmaking tools to China’s Hua Hong.
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Lam Research is required to halt certain sales to Hua Hong, China’s second-largest chipmaker, introducing new regulatory and revenue risks.
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Separately, Lam Research and IBM enter a five-year agreement to co-develop advanced semiconductor manufacturing technologies, including High-NA EUV.
Lam Research (NasdaqGS: LRCX) sits at the center of two very different forces right now: heavier US export controls and a new long-term technology partnership. The stock trades at $248.75 after a powerful run, with the share price up 34.4% year to date and 399.9% over three years. That kind of move means fresh news on regulation or technology direction can matter a lot for existing and potential shareholders.
The tighter US…