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3 Reasons Why Lam Research Is a Great Long-Term Investment

3 Reasons Why Lam Research Is a Great Long-Term Investment

Demand from chipmakers for Lam Research's (NASDAQ: LRCX) tools drove its stock price to all-time highs by mid-January 2022. However, the stock has underperformed since reaching those highs amid labor shortages, COVID-19-related supply chain constraints, industrywide shortages, and rising logistics costs.