Bitcoin Gained 164% in 2023 but Crypto Millionaire Abandoned It for This

A certain crypto genius and millionaire has been praising Bitcoin since it was trading for $61. Even though it gained 164% last year, he's now recommending a different cryptocurrency. In fact, he's betting his own money on and buying it like crazy.

Lam Research Corporation
NASDAQ:LRCX
$908.69

Financials

Curr Year EPS Estimate24.94
Next Quarter EPS Estimate5.72
Profit Margin0.25
Return on Assets0.16
Return on Equity0.60
Revenue11,928,806,400
Earnings Per Share20.14
Revenue Per Share82.31
Gross Profit4,608,693,000
Quarterly Revenue Growth0.34

General

NameLam Research Corporation
TickerLRCX
ExchangeNASDAQ
SectorTechnology
IndustrySemiconductor Equipment & Materials
CurrencyUSD
CountryUSA
Fiscal Year EndJune
Full Time Employees12,200

About Lam Research Corporation

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition (HDP-CVD) products; and Striker single-wafer atomic layer deposition (ALD) products that provide multiple dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP to address a range of wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. Lam Research Corporation was founded in 1980 and is headquartered in Fremont, California.

Dividend

Lam Research Corporation pays out a dividend of $4.90 per share, with a dividend yield of 0.85%.

LRCX's last dividend payment was made to shareholders on April 7, 2021.

They pay out 24.68% of their earnings out as a dividend.

Recent Dividends

Apr 3, 2024$2
Jan 3, 2024$2
Oct 4, 2023$2
Jul 5, 2023$1.73
Apr 5, 2023$1.73
Jan 4, 2023$1.73
Oct 5, 2022$1.73
Jul 6, 2022$1.50
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