To The Moon

$Lam Research(LRCX)$ is cutting about 7% of its workforce to reduce expenses in a declining market. LCRX will eliminate about 1,300 jobs worldwide🔥🥵🔥 The overall market for chip equipment will sink to about $75 billion this year, down roughly $20 billion from the prior year, CEO Tim Archer predicted😰🥵 The announcement followed disappointing quarterly results & its shares fell as much as 3.3% to $472.50 in post-market but pared losses to 1.58% at $480.70 but chip 🐂🐂🐂 presses on💪💪💪 $NVIDIA Corp(NVDA)$ $Advanced Micro Devices(AMD)$ $Taiwan Semiconductor Manufacturing(TSM)$ $Semiconductor Bull 3X Shares(SOXL)$ 🕵🏻‍♀️🕵🏻‍♂️Let’s have a look at the Q4 2022 Earnings Report for LCRX released on 25/1/23: ⭐️ Revenue Generally Accepted Principles & Practices (GAPP): $5.28 Billion Revenue comes from: 🇨🇳China 24% 🇰🇷Korea 20% 🇹🇼Taiwan 19% 🇯🇵Japan 11% 🇺🇸US 10% SEA 10% Europe 6% 👍 Revenue increased 4% over Q3 2022’s $5.07 Billion 👍 Revenue increased 24.9% over Q4 2021 $4.23 Billion ⭐️Diluted Earnings Per Share (EPS): $10.77 👍 Diluted EPS increased 3.7% over Q3 2022’s $10.39 👍 Diluted EPS increased 27.6% over Q4 2021’s $8.44 ⭐️Dividend per Share: $1.725 👍 Dividend per Share is the same as Q3 2022 👍 Dividend per Share increased 15% over Q4 2021’s $1.50 ⭐️Cash Flow from Net Income: $1.47 Billion 👍 Cash Flow from Net Income increased 3.0% from Q3-2022’s $1.43 Billion 👍 Cash Flow from Net Income increased 22.9% from Q4-2021’s $1.19 Billion ⭐️ Q1 2023 outlook is for revenue to be $3.8 Billion (range of $3.5 to $4.1 Billion) ⚠️ Significantly lower than Q4 2022 of $5.28 Billion‼️ 🤔💭QN: Buy, Hold, or Sell⁉️ ⚠️⚠️⚠️ Currently LCRX’s, TXN’s, & TSM’s outlook Suggests that the chip stocks Down Cycle is Not Over🐻🐻 ⭐️ LCRX supplies to TSM which will make it an attractive stock to buy. ⭐️ The current consensus among 25 polled investment analysts is BUY🤔 ⭐️ 20 analysts offering 12-month price forecasts for LRCX have a median price🎯 of $500 with a high estimate of $560 & a low $370. ‼️ LRCX has a 52-Week High of $731.85 & a 52-Week Low of $299.59. ‼️ The closing price of LRCX was $488.40 on 25/1 (Wed), but in post market, it fell 1.58% to $480.70. Do you think the Chip Sector Has Bottomed or are we Looking At 1 More Dip Before Recovery fellow 🐯🐯🐯❓ Do share your thoughts in the comments section as I love a convo❣️ Please help to click on the “Like” & “Share/Repost” buttons at the Bottom Right corner so that more 🐯🐯🐯 can access this information, many thanks🤗🥰 You will Greatly Encourage Me❣️ Follow me if you enjoy reading my analytical stock research🔍 presented in a fun & easily understandable way😉 As usual-🤔💭 Consider POV & Actions of investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰 @TigerStars @CaptainTiger @MillionaireTiger @Daily_Discussion