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Semiconductor equipment maker Lam Research (NASDAQ:LRCX) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 19.7% year on year to $4.17 billion.

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Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits.

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Sep 30, 2024 · Lam Research Corporation (NASDAQ:LRCX) is one of the stocks that have historically outperformed after the Fed begins to cut rates, according to CNBC research quoted by Jim Cramer.

Oct 7, 2024 · Lam Research (LRCX) closed at $80.61 in the latest trading session, marking a -1.14% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.96%.

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