You've certainly heard of the California Gold Rush of 1849. What you may not know about it, however, is that most people who migrated west in search of the precious metal didn't actually find much of it, if any.
Shares of semiconductor equipment supplier Lam Research (LRCX -4.83%) lost ground Thursday morning, and were trading down 4.7% as of 12:25 p.m. ET. This is notable as Lam is missing out on the rebound many stocks are experiencing following Wednesday's market rout.
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For the better part of two years, the bulls have been running wild on Wall Street. While these gains can prominently be traced to the rise of artificial intelligence (AI), AI isn't the only catalyst responsible for sending the broad-market indexes to fresh highs.
Lam Research Corporation (NASDAQ:LRCX ) Barclays 22nd Annual Global Technology Conference December 11, 2024 11:40 AM ET Company Participants Tom O'Malley - CFO Conference Call Participants Doug Bettinger - Barclays Doug Bettinger Safe harbor to keep my attorneys happy. I don't plan to say anything that I haven't said on public record before, so don't be disappointed with that.
This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3...
Lam Research's share prices are down 36% from July's all-time highs despite its Q3 results, presenting a buying opportunity due to its key role as a supplier for next-generation chip manufacturers. The company has solid financial metrics, with impressive top-line growth, asset optimization, and long-term profitability, despite the recent headwinds. LRCX remains a leader of the WFE market, with ...
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