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Wed, February 12, 2025

Lam Research (LRCX) - $1.2 Billion Bet on India's Semiconductor Future!

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  We recently published a list of 10 AI Stocks Analysts Are Watching: Latest Ratings and News. In this article, we are going to take a look at where Lam Research Corporation (NASDAQ:LRCX) stands against other AI stocks analysts are watching.

Lam Research, a leading semiconductor equipment maker, has announced a significant investment of $1.2 billion in India, aimed at bolstering the country's semiconductor industry. This investment will primarily fund a training program to develop engineering talent, with plans to train 60,000 engineers over the next decade. The initiative includes setting up an engineering center in India, which will not only focus on training but also on research and development. This move is part of a broader strategy to tap into India's growing tech talent pool and support the nation's ambition to become a key player in the global semiconductor supply chain. The investment reflects a growing trend of international tech companies investing in India's semiconductor ecosystem, driven by government incentives and a strategic push towards self-reliance in technology.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/lam-research-lrcx-1-2-billion-bet-on-india-s-semiconductor-future/ar-AA1yVxMS ]

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