Lam Research is trading 3.6% up at $358.50 in pre-market trading, driven by a sector-wide semiconductor rally following ASML’s bullish AI-driven forecast.
- The stock is extending a sharp rebound after its 4.9% gain on July 14, 2026, amid improving sentiment around global wafer-fab equipment spending.
- The move appears to be macro-driven by industry-wide tailwinds rather than any company-specific news or fresh earnings catalysts.