Lam Research is trading 3.5% up at $324.31 as chip-equipment stocks rebound after last week’s AI-driven selloff.

  • The move is driven by a broader semiconductor sector recovery and firmer Nasdaq futures.
  • Investors are buying the dip in high-quality AI-exposed chip-equipment names.
  • The price action occurs in the absence of new company-specific headlines, indicating a macro-driven recovery.