🟢 Lam Research is trading 19% up today on record results and AI-driven guidance raise

Lam Research is trading 19% up at $304.12 after delivering record quarterly results and a significant guidance raise.

• The company beat revenue and EPS expectations, highlighted by surging high-margin services and a large NAND conversion cycle tied to AI demand.
• Management provided strong visibility through 2027, while a sharp rebound in the broader semiconductor sector is further amplifying the move.