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American Century Companies Inc. Boosts Lam Research Stake
Institutional investor increases holdings in semiconductor equipment maker by 20.4% in Q3
Published on Feb. 28, 2026
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American Century Companies Inc. raised its stake in Lam Research Corporation (NASDAQ:LRCX) by 20.4% during the third quarter, according to a recent SEC filing. The institutional investor now owns 2,654,347 shares of the semiconductor company's stock, valued at $355,417,000 as of the end of the reporting period.
Why it matters
Lam Research is a major supplier of wafer fabrication equipment and services to the semiconductor industry. The increase in American Century's stake suggests the investment firm sees continued growth potential in the company, which could signal broader confidence in the semiconductor sector.
The details
According to the filing, American Century Companies Inc. purchased an additional 450,410 shares of Lam Research during the third quarter. The firm now owns a 0.21% stake in the semiconductor equipment maker. Lam Research's products are used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, and wafer cleaning.
- American Century Companies Inc. increased its Lam Research holdings during the 3rd quarter of 2026.
The players
American Century Companies Inc.
An institutional investment management firm that owns a 0.21% stake in Lam Research Corporation.
Lam Research Corporation
A global supplier of wafer fabrication equipment and services to the semiconductor industry, headquartered in Fremont, California.
The takeaway
The increase in American Century's Lam Research holdings suggests continued confidence in the semiconductor equipment maker and the broader semiconductor industry, which could signal positive growth prospects for the sector.
