Lam Research rejects Vietnam factory talk
US-based Lam Research denied it was negotiating a deal with a partner and the Vietnam government about investing in local production.
Stay updated with breaking news from While Lam Research. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
US-based Lam Research denied it was negotiating a deal with a partner and the Vietnam government about investing in local production.
Now, signs of a recession have the U.S. economy on the shaky ground heading into 2023. Does this mean beat-up tech stocks are in for further bruising?
$LRCX down 15 points from their ER. Above 558.73 can move back towards 570/580Below 540.50 can consider puts .
Up almost 3.5x from its low in March 2020, at the current price of $637 per share, we believe Lam Research Corporation stock has further upside potential. Lam Research, a semiconductor processing equipment manufacturer, has seen its stock rise from $187 to $637 off its March 2020 low...