Chip-making equipment supplier Lam Research forecast third-quarter revenue above Wall Street expectations on Wednesday, driven by a surge in orders from chip firms amid the AI boom.
Investing.com -- Bernstein upgraded Lam Research (NASDAQ: LRCX) to Outperform from Market-Perform, citing improving risk-reward dynamics and signs of a potential NAND recovery.
Lam Research issued upbeat guidance after posting higher quarterly profit and revenue, with its chief executive noting that increasing demands on semiconductor performance is playing into its ...
Shares of Lam Research (NASDAQ:LRCX) rose about 7% premarket on Thursday after fiscal second-quarter results and guidance exceeded expectations, which drew positive reactions from analysts. Goldman ...
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