​Lam Research Corporation (NASDAQ:LRCX) is one of the Unstoppable Technology Stocks to Buy Now. On March 11, Lam Research Corporation (NASDAQ:LRCX) presented at the Cantor Fitzgerald Global Technology & Industrial Growth Conference. At the conference, management highlighted its AI-driven growth, operational strengths, and future opportunities.

​Management noted growing fiscal 2025 revenue by 40% year-over-year, which surpassed the market growth rate of 10%. Notably, the gross margins also exceeded the target model of 50% in multiple quarters last year. Management noted that its Customer Support Business Group now generates around one-third of the company’s revenue and has shown 13% 5-year CAGR growth.

​Looking ahead, the company noted that they expect the wafer fabrication equipment market to hit $135 billion in 2026, primarily driven by AI compute demand. Moreover, beyond the $135 billion WFE forecast, dry resist technology offers a $1.5 billion opportunity over the next five years, with early DRAM wins.

​Lam Research Corporation (NASDAQ:LRCX), founded in 1980, is a California-based company specializing in semiconductor processing equipment for the use in fabrication of integrated circuits.

While we acknowledge the potential of LRCX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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