Lam Research Hits All-Time High This Week

<p>Shares in Lam Research hit an all-time high on Monday&comma; reaching &dollar;1&comma;008&period;50&period; Shares dropped &dollar;3&period;32 on Tuesday to close at &dollar;999&period;75&period;<&sol;p>&NewLine;<p>Based in Fremont&comma; Lam Research is a leading manufacturer of wafer-fabrication equipment for the semiconductor industry&period; <&sol;p>&NewLine;<p>The company announced last week a 10-for-1 stock split to be effective after market close on Wednesday&comma; October 2&comma; 2024&comma; for stockholders of record at that time&period; Lam Research&&num;8217&semi;s common stock will begin trading on a post-split basis at the market open on Thursday&comma; October 3&comma; 2024&comma; under the company&&num;8217&semi;s existing trading symbol &&num;8220&semi;LRCX&period;&&num;8221&semi;<&sol;p>&NewLine;<p>The company also plans to buy up to &dollar;10 billion in stock which helped shares soar over the past week&period; Lam shares are up 33&percnt; year-to-date and 10&percnt; in the past month&period;<&sol;p>&NewLine;<p><&excl;-- TradingView Widget BEGIN --><&sol;p>&NewLine;<div class&equals;"tradingview-widget-container">&NewLine;<div class&equals;"tradingview-widget-container&lowbar;&lowbar;widget"><&sol;div>&NewLine;<div class&equals;"tradingview-widget-copyright"><a href&equals;"https&colon;&sol;&sol;www&period;tradingview&period;com&sol;" rel&equals;"noopener nofollow" target&equals;"&lowbar;blank"><span class&equals;"blue-text">Track all markets on TradingView<&sol;span><&sol;a><&sol;div>&NewLine;<p> <script type&equals;"text&sol;javascript" src&equals;"https&colon;&sol;&sol;s3&period;tradingview&period;com&sol;external-embedding&sol;embed-widget-symbol-info&period;js" async>&NewLine; &lbrace;&NewLine; "symbol"&colon; "NASDAQ&colon;LRCX"&comma;&NewLine; "width"&colon; 550&comma;&NewLine; "locale"&colon; "en"&comma;&NewLine; "colorTheme"&colon; "light"&comma;&NewLine; "isTransparent"&colon; false&NewLine;&rcub;&NewLine; <&sol;script>&NewLine;<&sol;div>&NewLine;<p><&excl;-- TradingView Widget END --><&sol;p>&NewLine;

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