The Latest Breaking News from Lam Research Corporation

The semiconductor market is thriving due to high demand from industries like consumer electronics and medical applications, government support, increased R&D funding, and innovations in chip design, driving significant growth. Amid this backdrop, it could be wise to watch strong semiconductor equipment stocks: Lam Research (LRCX) and Applied Materials (AMAT).…

As Fed Chair Powell might say, the semiconductor sector's recent pullback represents a recalibration rather than the start of a downturn. With foundational support from AI advancements and a stabilizing economy, investors might want to buy the dip on these chip stocks.

Lam Research Corporation's (NASDAQ:LRCX) short percent of float has fallen 13.01% since its last report. The company recently reported that it has 1.77 million shares sold short, which is 1.27% of all regular shares that are available for trading.

Shares of companies in the broader technology and semiconductor sectors, including Applied Materials, Inc. (NASDAQ: AMAT) and Lam Research Corporation (NASDAQ: LRCX), are trading lower amid a rise in US T

Lam Research Corporation's (NASDAQ:LRCX) short percent of float has risen 9.77% since its last report. The company recently reported that it has 2.03 million shares sold short, which is 1.46% of all regular shares that are available for trading.

Shares of companies in the broader technology sector, including Applied Materials, Inc. (NASDAQ: AMAT), Lam Research Corporation (NASDAQ: LRCX), Micron Technology, Inc. (NASDAQ:

Lam Research Corporation's (NASDAQ:LRCX) short percent of float has fallen 6.34% since last its last report. The company recently reported that it has 1.86 million shares sold short, which is 1.33% of all regular shares that are available for trading.

Lam Research Corporation (NASDAQ: LRCX) shares are trading lower after the company reported mixed second-quarter earnings results and issued third-quarter EPS guidance below estimates.

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares traded lower by 6.67% to $63.36 this week amid overall market weakness and a rise in the 10-year treasury yield, which is hovering around a decade high of 4%.