Lam Research Sinks 9% as Supply Constraints Cap Outlook; Applied Materials Drops 6%, ASML Holding Falls 4%

Lam Research Sinks 9% as Supply Constraints Cap Outlook; Applied Materials Drops 6%, ASML Holding Falls 4%

The post Lam Research Sinks 9% as Supply Constraints Cap Outlook; Applied Materials Drops 6%, ASML Holding Falls 4% appeared first on 24/7 Wall St.. A supply warning inside an otherwise record quarter is pulling chip equipment stocks lower, and the company that issued it is taking the worst of the damage. Lam Research (NASDAQ:LRCX) stock is down 9% to $236.83 in early trading, a drop that shows how heavily a limited outlook can outweigh a strong…

Lam Research (NASDAQ:LRCX) Stock Falls 3.2% - Should You Sell?

Lam Research (NASDAQ:LRCX) Shares Down 3.2% - Here's What Happened

Lam Research Shares Fall 11.76% After CFO Forecasts Lower China Revenue Share

The company cited near-term supply constraints in its $8.60 billion December-quarter revenue outlook. China represented 35% of September-quarter revenue, compared with 26% in June.

Lam Research Stock Dives After Strong Earnings: Is it Safe to Buy the Dip or Sell the Rip?

Lam Research stock crashed by over 7% in the extended hours, reaching its lowest level since April, even after the company published strong financial results. It tumbled to $240, continuing a sell-off that started in June when it peaked at $437.96.  Lam Research Stock Drops Despite Strong Earnings Lam Research is a top company that manufactures products that are used in the semiconductor manufacturing industry. Its products are in the wafer fabr…

Lam Research Stock Falls As Chip-Gear Maker's Outlook Fails To Impress

Lam Research edged above analyst estimates for its fiscal Q1 and matched targets for Q2. LRCX stock fell on the news. The post Lam Research Stock Falls As…