LRCX — Lam Research Corporation

Etch and deposition equipment company; reactive-ion etch (RIE) and atomic layer deposition (ALD) tools relevant to superconducting qubit fabrication (niobium resonator patterning, dielectric gap-layer deposition).

Coiled

52w range compression, breakout-adjusted

Watched

100

7-day news volume + tape quietness

Sound

100

Margins, growth, FCF composite

Critical

Supply-chain concentration × demand

Pressure

Pricing Power

50.5%

Filling fast

Numbers on the wire.

Market cap

$389.4B

P/E (TTM)

53.94

P/S (TTM)

16.87

EV / EBITDA

79.74

Gross margin

50.47%

Op margin

35.29%

Net margin

31.27%

FCF margin

—

Rev growth YoY

26.02%

EPS growth YoY

38.62%

ROE

66.97%

ROA

33.17%

Debt / Equity

0.30

Current ratio

2.63

Price / Book

41.21

Beta

1.87

Lam Research's etch and deposition tools are used in superconducting qubit fabrication for resonator patterning and passivation layers. Quantum is a rounding error of LRCX's ~$17B revenue today. Similar optionality profile to AMAT. Risk: decade-scale timeline to commercial foundry volumes.

LRCX — Lam Research Corporation

Numbers on the wire.

From the EDGAR wire.

From the tape.