Lam Research
Scores out of 100 · Ranks within the 50-company cohort
Target date 2026-09-18
Target date 2027-09-18
Target date 2030-09-18
Our power thesis
We expect increasing process complexity to strengthen its Compute position. Announced laboratory investment informs the forecast and is not treated as completed production capacity.
Four Forces breakdown
Each force uses the same fixed 0–100 scale. The strongest force and breadth of control determine the Power Score.
| Force | 2026 | 2027 | 2030 |
|---|---|---|---|
| Compute | 80 | 85 | 90 |
| Interface | 10 | 15 | 15 |
| Alignment | 5 | 5 | 10 |
| Energy | 0 | 0 | 0 |
Our forecast
Across our 2026–2030 view, the Power Score rises from 51.9 to 59.4; the rank moves from #50 to #48.
Compute 80 → 90; Interface 10 → 15; Alignment 5 → 10.
The thesis above explains our call. Rank can fall even when power grows if other companies gain faster.
What would change our mind
Process shifts favor rival equipment or reduce the value of its manufacturing steps.
Research behind the judgment
Lam announced an Oregon research expansion for semiconductor development in August.
- Oregon research expansion2026-08-26 · Accessed 2026-09-18
Sources inform the factual premises. Force scores, ranks, and forecasts are exmxc’s judgments as of this edition.