🔴 Lam Research is trading 5% down today amid broader semiconductor weakness

Lam Research is trading at $297.98, down 5.10%, after semiconductor equipment shares weakened broadly on August 24, 2026.

• Reuters reported that higher Treasury yields pressured growth-oriented technology stocks.
• Investors weighed potential Iran sanctions and Nvidia’s upcoming earnings.
• Peer-sector weakness across semiconductor stocks suggests a sector- and macro-driven move rather than a new Lam Research-specific announcement.