LRCX has been in the news 750% more than usual
Apr 16, 2025, 2:31 PM
29.12%
What does LRCX do
Lam Research, headquartered in Fremont, California, designs and manufactures semiconductor processing equipment for integrated circuits, employing 17,200 people and serving various electronic product manufacturers. Its diverse product portfolio supports sectors like memory, foundries, and integrated device manufacturers.
LRCX has been in the news recently: Lam Research, along with Applied Materials and KLA, is expected to face an annual loss of approximately $350 million due to new tariffs imposed by President Trump on semiconductor equipment. Additionally, Nvidia's stock has dropped significantly, contributing to a downturn in US equity futures, following the announcement of a $5.5 billion charge related to export restrictions on its H2O chips to China.
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