🟢 Lam Research is trading 3.1% up today as chip stocks rebound from AI-driven selloff

Lam Research is trading 3.1% up in pre-market at $340.00 as semiconductor stocks recover from the previous session's AI-capex driven selloff.

• The move follows a broader sector bounce, with chip equipment manufacturers regaining ground after recent profit-taking.
• Investor sentiment is buoyed by renewed optimism regarding long-term AI-related manufacturing investments.
• There are no company-specific earnings or news catalysts driving the price action today.