Lam Research Corp. shares rallied Thursday as Wall Street cut their target prices, anticipating a bottom to the stock as the chip equipment maker posted earnings that beat expectations and Read more
Tag: LRCX
Lam Research earnings rise after posting beat-and-raise quarter like ASML
Lam Research Corp. rose in the extended session Wednesday, adding to gains in the regular session, after the chip-making-equipment supplier posted a beat-and-raise quarter, not unlike larger ASML Holding NV Read more
U.S. suppliers halt operations at top Chinese chip maker ahead of new restrictions
U.S. chip-equipment suppliers are pulling out staff based at China’s leading memory-chip maker and pausing business activities there, according to people familiar with the matter, as they grapple with the Read more
Here are the companies and sectors that are most vulnerable to the strong dollar this earnings season
Since roughly 40% of S&P 500 companies’ sales are generated abroad, equity strategists expect the strong U.S. dollar will weigh heavily on corporate earnings as the third-quarter corporate reporting season Read more
Lam Research stock slips after hours despite earnings beat, upbeat outlook
Lam Research Corp. fell in the extended session Wednesday after the semiconductor-making-equipment supplier beat on earnings and forecast a likely beat in the current quarter amid continuing supply constraints. Lam Read more
There may be another shoe to drop after Micron’s big outlook miss
Micron Technology Inc. delivered an outlook that fell far short of the consensus view, prompting questions about how the memory market will fare in a downturn. The company expects August-quarter Read more