Lam Research is trading 4.9% up today at $310.00 as it rebounds with the semiconductor sector after last week’s sharp selloff.
- The move is driven by improving sentiment around AI-related chip spending and strong earnings reports from semiconductor peers.
- Gains are further supported by a broader risk-on rally across U.S. equity markets.
- There are no new company-specific announcements or news items from Lam Research today.