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Updated · MarketWatch · Apr 30Lam Research stock rises 3.66% but trails peers
9 articles · Updated · MarketWatch · Apr 30
- Shares closed at $257.86 on Thursday, snapping a three-day losing streak as the S&P 500 rose 1.02% and the Dow gained 1.62%.
- Lam Research still lagged rivals including AMD, up 5.16%, while Applied Materials rose 3.11% and Analog Devices added 3.33%.
- The stock finished 6.52% below its 52-week high of $275.84 reached on 24 April, with trading volume of 10.3 million topping its 50-day average.
As AI fuels a semiconductor supercycle, why are Lam Research insiders consistently selling millions in stock? Can the US CHIPS Act funding offset the billions Lam Research might lose from tightening China export controls? With memory shortages crippling the AI supply chain, what is Lam's next big tech breakthrough to solve it?