INTC vs LRCX: Correlation
How closely do Intel (INTC) and Lam Research (LRCX) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INTC and LRCX?
Across a 3-year window, the weekly returns of INTC and LRCX correlate at 0.51, moderate. Recent behaviour matches the longer record: 0.59 over 1 year against 0.51 over 3. Stretching to 5 years gives 0.51, with an annualized covariance of 1509.9 %².
By 3-year correlation, LRCX places #17 of the 37 assets tracked against INTC. The last year tells two different stories: INTC led by 61.6 percentage points, +270.6% for INTC against +209.0% for LRCX. The link looks structural: the rolling one-year correlation barely moved, holding between 0.34 and 0.54.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
INTC vs LRCX: side by side
| INTC (Intel) | LRCX (Lam Research) | |
|---|---|---|
| 1-year return | +270.6% | +209.0% |
| 5-year return | +85.4% | +452.0% |
| Volatility (ann.) | 63.0% | 46.7% |
| Beta vs S&P 500 | 2.01 | 2.03 |
| Max drawdown (3Y) | -63.8% | -47.1% |
| Market cap | $486.8B | $398.6B |
| P/E (trailing) | – | 54.4 |
| Dividend yield | 0.00% | 0.33% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | INTC | LRCX |
|---|---|---|
| 2022 | -46.6% | -40.7% |
| 2023 | +94.6% | +88.6% |
| 2024 | -59.6% | -6.8% |
| 2025 | +84.0% | +139.2% |
| 2026 | +149.6% | +86.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INTC and LRCX good diversifiers for each other?
Only partially. A correlation of 0.51 means INTC and LRCX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between INTC and LRCX?
The INTC/LRCX correlation stands at 0.51 on a 3-year window (1 year: 0.59, 5 years: 0.51), computed from weekly returns as of 2026-08-27.
Is LRCX a good diversifier for INTC?
Only partially. A correlation of 0.51 means INTC and LRCX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.51 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/intc-vs-lrcx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/intc-vs-lrcx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: INTC correlations · LRCX correlations
