Lam Research Corp is trading 5.2% up today at $388.55 following a sharp rebound in semiconductor names and as the stock trades on its June 17, 2026 ex-dividend date.
- The move follows recent volatility, with shares dropping 5.03% on June 16 after a 6.03% jump on June 15.
- Sentiment remains buoyed by continued optimism around AI-driven wafer fab equipment demand and strong prior earnings momentum.