Jul. 9 at 5:03 PM
$LRCX expands in India—strategic move or market risk hedge?
Lam Research is planning to invest over
$1.2B in a new manufacturing facility in India, boosting its global footprint amid rising trade tensions. A major part of the increased capital expenditure was for a land purchase in India for lab expansions. This expansion supports a flexible supply chain and could shield LRCX from geopolitical uncertainties.
See what this means for LRCX investors 👉 https://www.zacks.com/stock/news/2569188/lam-research-expands-in-india-a-strategic-hedge-against-trade-risks?cid=sm-stocktwits-2-2569188-body-1089&ADID=SYND_STOCKTWITS_TWEET_2_2569188_BODY_1089