Lam Research (LRCX) Stock Trades Down, Here Is Why

By Yahoo! Finance | Oct 16, 2024 at 01:44 AM EST

Lam Research stock fell due to weak earnings from ASML, a key supplier of chip-making equipment. ASML's lower sales forecast and China revenue projection hint at industry softening. Despite volatility, Lam Research offers growth potential in the AI market.

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