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Lam Research Posts Biggest One-Day Gain In A Year After Q2 Earnings Beat: Retail Bullish On AI OutlookLam Research Corp. (LRCX) stock surged nearly 9% on Thursday, its biggest intraday gain in over a year after the semiconductor equipment maker posted a second-quarter earnings beat for fiscal 2025.
The figure beat the consensus mark of $1.61 billion. China, Korea and Taiwan accounted for 31%, 25% and 17% of Lam Research’s total revenues, respectively, for the fiscal second quarter.
Semiconductor equipment maker Lam Research (NASDAQ:LRCX) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 16.4% year on year to $4.38 billion. On top of that, next quarter’s ...
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