Lam Research Corporation (LRCX) Collaborates With JSR Corporation

​Lam Research Corporation (NASDAQ:LRCX) is one of the Best Technology Stocks to Invest in for the Long Term. On September 15, Lam Research Corporation (NASDAQ:LRCX) announced its collaboration with JSR Corporation to advance semiconductor manufacturing.

​The collaboration is designed to speed up the industry’s move to next-generation patterning technologies, including dry resist technology for extreme ultraviolet lithography. This technology is crucial for making chips used in artificial intelligence and high-performance computing.

The agreement combines JSR’s expertise in innovative semiconductor materials such as metal oxide photoresists with Lam Research Corporation (NASDAQ:LRCX)’s strengths in deposition, etching, and EUV patterning. Both companies will work together to integrate JSR’s patterning resists with the company’s deposition and etch technologies to innovate in metal oxide resists, high numerical aperture EUV patterning for advanced chip nodes, and other next-gen materials.  The collaboration will also leverage JSR’s recent acquisition of Yamanaka Hutech Corporation to explore new materials for atomic layer deposition and etching.

Lam Research Corporation (NASDAQ:LRCX) is a leading global supplier of equipment and services used to manufacture semiconductor chips.

While we acknowledge the potential of LRCX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.