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This Dirt-Cheap Semiconductor Stock Could Skyrocket in the Long Run


Shares of Lam Research (NASDAQ: LRCX) took a beating after the company released disappointing fiscal 2022 second-quarter results for the three months ending on Dec. 26, 2021.

Lam stock fell 7% following the release of the earnings report on Jan. 26 as the company's performance was affected by supply chain constraints plaguing the semiconductor industry. However, a closer look indicates that Lam's problems should be short-term in nature. Let's look at the reasons why.

Image source: Getty Images.

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Source Fool.com

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