Lam Research (LRCX) Shares Rose Due to Strong Semiconductor Capital Spending, According to Carillon Tower Advisers
Investment management company Carillon Tower Advisers highlighted Lam Research Corporation (LRCX) in its Q2 2026 investor letter, stating that the company's shares continued to benefit from increased capital expenditure spending by its semiconductor clients. The fund noted that demand for silicon and memory is at record highs, creating a tight supply/demand dynamic that is unlikely to slow soon. Lam Research, which designs and manufactures semiconductor processing equipment, closed at $291.61 per share on July 27, 2026.
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