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.
Vahid Vahedi sold 52,190 shares of LRCX on 13 October at $138.90 per share, worth a total of $7.2M. They now own 251,047 LRCX shares, or a 17% holding decrease.
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