🟢 Lam Research is trading 4.5% up today as chip stocks gain on AI spending optimism

Lam Research is trading 4.5% up now at $325.43 as semiconductor sentiment improves on renewed AI infrastructure spending enthusiasm.

• Strong results and outlooks from Super Micro Computer and CoreWeave are supporting optimism across technology and chip-equipment stocks.
• The Philadelphia Semiconductor Index rose 0.87% overnight.
• Investors are positioning ahead of the July CPI release, with Nasdaq futures higher before the report.